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


To: Mike Buckley who wrote (8390)6/13/2000 6:29:00 AM
From: MikeM54321  Read Replies (2) | Respond to of 9068
 
MikeB, Greg, and Hectorite- CFO made if very clear Q1's DSOs were a result of lower sales in Jan. Kind of low in February. But large sales in March. Hence, bigger accounts recieveable on March 31st and Q100 report. Which in turn means substantial increase in DSO reported.

As to why this happened? Well that's wide open to opinion and I still don't know the answer.

I think gbh was just saying it's a, "red-flag," worth serious consideration when making an investment decision. IMO, it removes a comfort cushion. Puts them closer to the edge of making a mistake. But that's as far as I could read it then, or now.

I believe the answer is in both Q1 CC and this warning CC. But I can't decipher it. If anyone else can, please take a listen and post. It'll take me a third listen and I just may do that. -MikeM(From Florida)