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

To: Heeren Pathak who wrote (7994)	5/7/2000 10:57:00 AM
From: JMD	Read Replies (3) \| Respond to of 9068

Heeren, terrific post. Two questions: could you expand on why the demise of the internuts carries a potential negative for CTXS? If petopia and petsmart and pets.com all go BK (which would be just fine if not inevitable from my perspective), why would CTXS be hurt? I had not thought of CTXS supplying products that would armor proof a web site open to the public. CTXS' target market is the corporate intranet server, no? Please continue to provide us with your observations regarding the development of the ASP market. I think the IBM/Citrix announcement has been lost in the stock massacre--doesn't Big Blue provide a critical endorsement of ASP that might overcome customer reluctance to outsource proprietary data? Second, I posted a few times just after the earnings announcement regarding DSO, and deferred revenues and am glad to see the discussion continuing. I would like to believe that CTXS got 'lazy' on the collection side, and was reluctant to hammer their new, bigger customer base. If true, both are correctible but the Street is in no mood to be gentle with companies whose corporate accounts are not in apple pie order: witness Microstrategy. Citrix must take this very seriously and with the stock price cut 60% I suspect they will. kind regards, mike doyle

To: Heeren Pathak who wrote (7994)	5/7/2000 11:25:00 AM
From: Redman	Read Replies (1) \| Respond to of 9068

Hereen, Thank you for your informative posts. I would have to believe CTXS is on the up and up on accounting recognition. They have a class management, and if you recall just over a year ago they restructured the way they handled in-process research. They had to readjust back quarters and spread the write off over more quarters. In doing this, I am sure they did a complete accounting review and have kept up. They are not very big risk takers, and it is obvious by the way they keep everything at bay. But, I would agree they DESPERATELY need to explain to the street in lamenz terms what they are seeing and trying to accomplish. Also, I remember an article talking about them snooping around Boston for an acquisition. It was not a CTXS release, but a tech periodical or newspaper article. I will say, in light of interest rates, that 5.25% convertible was good timing on their part......try raising that kind of money today and with those terms. Red