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


To: hangmanboothill who wrote (8624)6/29/2000 6:13:00 PM
From: Cogito  Read Replies (1) | Respond to of 9068
 
HB -

I agree completely. CTXS will be range-bound until there are clear indications that profit growth has resumed or some sort of other really good news points to that happening.

I believe it will take more than one quarterly report. They have to beat the revised estimates for this Q and have a positive conference call where some hard questions are answered well. But beyond that, to regain the shine they have lost in the perception of the Street, they will have to provide evidence that earnings growth is back to stay. That could take one, two or more good quarterly reports.

Even then, the multiples of old may not be seen again.

- Allen