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


To: MikeM54321 who wrote (7378)12/7/1999 10:24:00 PM
From: Mike Buckley  Read Replies (2) | Respond to of 9068
 
I think today's 15% increase in the price of the stock can only be explained by the news from Sun about dropping the attempt to have Java accepted by the committee as a standard. However, I think that's because the market doesn't understand what was and is going on. The market apparently thinks that's important when it's really very unimportant.

Sun was trying to get the committee to adopt Java as an OS standard whereas now they are saying it has already been adopted by the free market as the de facto standard. The bit about the de facto standard is nothing more than PR BS. Apparently the market saw through the BS but placed more importance on the committee than it deserves. Investors wrongly see the committee's role as a threat to Citrix. In reality, if Sun was really able to get Java adopted as an OS standard for distributed computing as a defacto standard, the threat would be greater than if it was approved by the committee. If more investors would read Gorilla Game, they'd understand that.

--Mike Buckley