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

To: Cogito who wrote (8910)	10/3/2001 11:49:14 AM
From: Cymeed	Read Replies (1) \| Respond to of 9068

Hi Allen, <<< Today's action appears to have been sparked by positive comments from Credit Suisse First Boston and Merrill Lynch. Analysts from both companies rightly pointed out that CTXS was oversold, and shouldn't be lumped in with other software stocks.>>> I saw the main points of ML's comments as well, it was quite a nice study by an analyst. Words like "CIO and CFO friendly" made a lot of sense. <<< I've been in CTXS for a long time, and I still believe they have a very healthy future. I continue to hold, even while kicking myself for not selling a year ago in March or April, when the stock was ahead of itself to a ludicrous degree.>>> Their agreement with MSFT will expire in May 2002. In the old agreement, MSFT paid CTXS $100 million for use of CTXS's technology in Windows' NT. I wonder what the new terms will be when that is up to renew. Also, I wonder if there is any possibility for CTXS to become a more credible substitute of the Windows' system in the very long haul (that is something Linyx never succeed). <<< In my opinion, Citrix is a good company with a great line of products that provide IT cost savings to corporations, and thus should be fairly recession-proof.>>> Your words of "cost saving" is exactly why ML is bullish on this one. In this economic environment, cost saving is the #1 and probably only incentive for corporations to speand capital. <<< I doubt that CTXS will lead the market anywhere. It's a relatively unknown stock, except among very savvy traders, institutional investors and some techies. >>> Unknown is not a problem. Very few people knew TALX back in 98. But their price appreciated 15 times ever since (but I sold my shares just before it took off!!!!!!!!!!) I am not sure either about CTXS can be a leader or not, but I am almost certain that the software sector will be a leading sector if the bull market return. The reason is because of their less decline in the last 18 months and strong buying interest and price run-up in the last few days (PSFT, CHKP, MSFT, CTXS, ORCL, etc). I am not quite sure if this is the bull market yet. My eyes are still on the dollar and oil price. If dollar decline and foreigners pull money off the U.S. market, we will be in big trouble. However, like the former GE head said, "where do you put your money outside of U.S.?" On the oil front, I think the Bush administration has done fine so far to leverage the terror attack on the nations' economic interest including reasonably priced oil supply. There definitely seem to be a lot of bears around and quite some cash on the side line. If that is the case, the market will go up, somewhere in the world, either the bond market, the stock market, the coprorate debt market, or foreign market.