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


To: David Lawrence who wrote (8963)5/10/2002 8:44:00 AM
From: jkb  Read Replies (1) | Respond to of 9068
 
Just curious question for longs, but why do longs feel that CTXS is a company to buy? Earning are on the way down, and not just because of the recession. Clients don't care about access to Win32 apps in growing groves anymore; translated, I don't see how revenues can ever grow again in this line of bus.

Clients seemingly rather redevelop their apps to web based; pulling the need for CTXS product. I've seen this even if it means more money than the CTXS solution costs (may be hard to believe, but true). CTXS will always have a base of clients (reminds me of the NOVL story in a way), but unless they have a new line of bus, I don't see how putting a penny into this stock makes sense.

FYI, I've known this company since inception, with their original "WinView" products, and this used to be a great company. I'm disappointed in the lack of vision in this organization. It was absolutely clear in Jan 00 that this line of bus was in trouble.