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


To: Redman who wrote (8411)6/13/2000 1:41:00 PM
From: Daniel Simon  Read Replies (2) | Respond to of 9068
 
For all those who blame the CFO for the no show Thursday
and blame the company for selective disclosure/leaking info; why do you think the CFO skipped? To avoid the selective disclosure going would have inevitably led to. Why did management wait until monday to warn? I don't know and it was clearly a mistake they should have announced sooner...but there is no "good" way to disappoint.



To: Redman who wrote (8411)6/13/2000 4:06:00 PM
From: Shaw  Respond to of 9068
 
I bought this stock for a trade in april, now I'm getting to know it a little better than I wanted to. I don't blame anyone in particular for this mess. The more I read the more I realize that this co. has been in transition for some time. What we have to decide here is how strong is this co.'s niche. My gut tells me that this co will pull through, but it is going to be a fight for the co. to demonstrate that it still has solid growth prospects going forward. Concerns for co. to address, loss of business in the channel due to co.s migrating to a web based model. According to earlier post, the web based model satisfies the needs of smaller co.s for less money. Now other post indicate Citrix's technology is appropriate for the current needs of large co.s, but that ultimately the current advantages that it has will be achieved and surpased by a web based model. I am bring up these issues in an attempt to get to the bottum of things. I don't have the answers, maybe together we can find them.