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

To: puborectalis who wrote (7683)	3/23/2000 12:28:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 9068

stephen- IMO, it may have been glowing, but I believe the author doesn't know what he's talking about. The article is misleading. I'm referring to all the sections below. Either they are poorly written or the author really doesn't know what he is saying. My vote is for the latter. I think a few others have also picked up on this. -MikeM(From Florida) ************** ...The stock has been buoyed by the rise of the ASP market, shown in its fourth-quarter earnings statement. The company said revenue rose 56% from the year-ago quarter to $118 million. Per-share profit rose 41% to 34 cents from 24 cents. Investor's Business Daily gives the company an earnings- per-share rating of 98, putting it in the top 2% of publicly traded companies based on annual earnings growth in the last five years... ...Giga says companies that provide ASP services generated $360 million in revenue in 1999. Giga estimates that number will rise fivefold to $1.8 billion this year and then double to $3.6 billion in 2001. Among the leaders in the ASP space is Santa Clara, Calif.-based Pandesic LLC. Pandesic sells software and services for companies to set up e-commerce sites. The firm has more than 100 ASP clients... ...An example is a sale Citrix announced in January to London-based Psion PLC, a maker of mobile computing devices. Psion will use Citrix's technology so that Psion's workers can use the firm's hand-held computers to log into corporate servers. Psion officials say Citrix's products will let its mobile workers do things its other workers can do on PCs at the networked corporate offices...