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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?

To: David Perfette who wrote (7311)	12/3/1999 4:47:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 9068

David, Thoughts on the subject of analysts and financial journalists. I think that there are two ways to use analysts. The first is to glean their views about the intermediate-term prospects for the industry, and their short-term views about earnings. The second is to accept their picks. I think it is a grave mistake to accept their stock valuations and target prices. A lot of them have abandoned valuations based on economics, and have resorted to using such dubious metrics as sales multiples. Others, like Jubak, employ circular reasoning and assume their conclusions. I think that viewing analysts' industry and company outlooks, coupled with a lot of your own digging in the 10-Ks and 10-Qs is the optimal way to analyze a potential investment. There are many companies, and I believe that Citrix is one, that are really concept companies. There is no objective way to determine how big Citrix's market may end up being. On the other hand, the company could fail because of poor customer acceptance or emerging competition. TTFN, CTC

To: David Perfette who wrote (7311)	12/3/1999 5:44:00 PM
From: Netstockfiend	Read Replies (2) \| Respond to of 9068

Interesting that you allude to Cramer's B2B list: When he was in the process of choosing the stocks, he allowed members to cast their nominations for the stocks that should be on the list. Then, after he shortened the list, members voted on which stocks should be in the index. During the nomination round, I voted for Citrix, and posted my reasons (which are obvious to Citrix followers). I also posted here (and RB and Motley Fool) asking others to post Citrix as a nominee on TheStreet.com's board -- and NO ONE followed through. You can criticize the B2B list, but those are the stocks the investors who follow TheStreet.com chose -- they're the people's choice in the sector. Cramer didn't really choose the stocks, the readers did. In my opinion, those stocks will outperform Citrix in the market so long as they remain the people's choice, and fundamentals have nothing to do with it. I'm keeping my money in Citrix, because public opinion is a very fickle thing... but I do wish that others would have spoken up for Citrix, which seems like the ideal anchor for the B2B index.