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


To: David Perfette who wrote (7642)3/9/2000 10:18:00 PM
From: David Montgomery  Read Replies (1) | Respond to of 9068
 
I also looked at CTXS with a 50% growth rate and a 5% discount rate. With the 50% growth rate, I came to the conclusion that CTXS had a value between 70 and 90. That's just my way of looking at things. With a 50% growth rate, the eps over 10 years discounted at 5% amount to about $55.

At a 75% growth rate, I figured that CTXS might be worth $160. I don't know that a 75% growth rate is sustainable.

It's a tough one to figure. If Citrix starts developing some applications, all of my thinking is out the window. For now, though, I think Citrix's price is too high.