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


To: Bosco who wrote (8465)6/15/2000 10:58:00 PM
From: Redman  Read Replies (2) | Respond to of 9068
 
Well, I would say that even if they checked the sales channels real well, they still could of come up with the thought that everything was on target. The channels do not know how ctxs books revenue, they just know sales. I have been told from every source, that sales to the bread and butter clients (not the new huge clients they are targeting) are on target. Unfortunately, the channels have chosen to forgo box software and install using the electronic version. The channels make the sale at the same time, unfortunately CTXS cannot book revenue until some time after when the actual installation takes place...which can be weeks to months. But, I believe that we should see quite a rebound in the third quarter earnings, as I have to think all the revenue missing from this quarter will be in the next quarter. And, that management is not going to remotely let analyst know that the 3Q could be much better...as they do not want to have to warn again. So that is my take. I really think tomorrow and next week we get the trend turned around, especially if we can get some of the "tidbits" that IR hinted may be coming our way.

Remember, CTXS has never announced its corporate clients in the past. I am hoping that we are going to announce some of those big ones very soon.

Red