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

To: David Lawrence who wrote (8812)	10/28/2000 9:20:02 AM
From: Innuit	Read Replies (1) \| Respond to of 9068

CTXS will recover because they have excellent products, are linked to an OS system that will generate income for years to come (Win NT 3.41, 4, 2000, and maybe the upcoming version of the consumer NT), and have their fingers in a couple of potentially very big future trends. If ASP takes off they will generate big income. If the wireless web takes off I expect to see them a big player since bandwidth via wireless will be an issue. They are a takeover candidate. We are waiting for a new CEO, (although this has not been a good time for "star" CEOs). I believe these are all positives. This has been a ruthless market. What has been happening of course is not that companies have been missing, but analysts have been missing. Americans are mesmerized by pseudoscience. The absurdity of averaging a few guesses to generate "estimates" for First Call has not yet been exposed as bogus. They should at least do what the Olympics does when judging certain events -- omit the top and bottom "guesses". Only publish the median value -- not the mean which could be misleading. If you were an analyst and wanted to become rich all you have to do if put in a high estimate, sell it short, and then slam the company when it doesn't make it or beat it. I believe that this "anaylst business" needs to be regulated. I want to know the success rate of the analysts; I want to know their interest in a position. If an analyst is long a company and has a low estimate I want to know about it. If an analyst (or the company) is short a stock and has a very high estimate, I want to know about it. NT got slammed this weak for "only" showing 90% revenue growth, when one analyst expected 120%. Give me a break! For hundreds of billions of equity to be dependent on such bogus thinking based on guesses is unbelievable. Right now, First Call has more power than the Fed. At least the Fed has to justify its numbers. Its nice to see that this thread still lives . . .

To: David Lawrence who wrote (8812)	10/28/2000 11:47:09 AM
From: JMD	Respond to of 9068

David, "We were all fools to not bail out when it was over $100 - the market capitalization and P/E were nothing short of absurd. I was mesmerized, and greed cost me a pretty penny." Ouch! I hate it when you're right. I had convinced myself that I was not part of the market bubble mania because I was buying "real" companies with "real" technology/products vis a vis dot.coms with nothing more real than business plans and VC dollars. Well a nutty market overprices one and all on the way up, and will do so on the way down. It's hard to admit that you were as caught up in the frenzy as the next guy, particularly when you would have sworn on a stack of bibles that you WEREN'T. CTXS @ 120? QCOM @ 200? What were we smoking? best, mike doyle