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

To: Sweet Ol who wrote (7639)	3/9/2000 7:20:00 PM
From: David Montgomery	Read Replies (2) \| Respond to of 9068

Of course, you're right. Then, of course, you can convert that 10 year revenue stream to a present value and that changes the situation. At a 5% discount rate and 25% growth rate, the present value of 10 years of earnings is about $16. Of course, the market does love that. And I'm not going to argue with the greater fool theory. If there's a correction or anything, I'll buy back in when the stock is valued at about 5 or 10 times what it's really worth. If we weren't crazy ....