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

To: Danny Chan who wrote (7647)	3/10/2000 1:49:00 AM
From: David Montgomery	Respond to of 9068

Personally, I doubt your PE's a little. Don't know. I come up with a PE of about 164 at present. At 50% growth, the forward PE is about 116. My feeling is that Citrix should at least quadruple in value over the next 3 or so years. That depends on a lot of things happening and a lot of competition not winning out. We'll see how it goes. As for the analysts, their primary job is to be marketers. Their information is about as accurate as your guess and mine. Some say they are overly optimistic ( if they want to push a company ) or overly pessimistic ( if a company had made their boss angry ). My opinion is that they have the same chance of being right as anyone else. For now, I'm minimally in and staying on the sidelines.