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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Franco Battista who wrote (7513)	11/25/1997 9:50:00 AM
From: Ploni	Read Replies (2) \| Respond to of 9285

It's hard to believe that investors have given such a high valuation to such a basement operation. You might be right about CTXS, but many big things have come out of basements, especially in the world of computers.

To: Franco Battista who wrote (7513)	11/25/1997 10:53:00 AM
From: Bob Trocchi	Read Replies (1) \| Respond to of 9285

Franco/Roger... Nightly Business Report on Citrix. >>Citrix & COMPAQ's Marketing Plan JEFF YASTINE: Well, software maker Citrix Systems (NASDAQ:CTXS) has been busy lately, posting strong third quarter earnings And signing a joint marketing agreement with COMPAQ Computer (NYSE:CPQ). Its quite a change from early in the year when a dispute with Microsoft (NASDAQ:MSFT) threatened to undo much of the company's growth prospects. It is a company many investors loved then abandoned and now appear to love again. For over a year Citrix (NASDAQ:CTXS) shares flew high on the strength of its software product which, put simply, allows older network PCs say a group of old 286 computers to run today's powerful Windows or WindowsNT applications. Companies save money because they don't have to upgrade their computer systems to run the latest programs. But in late February, Citrix shares began plummeting after Microsoft said it might market its own Citrix-like product. But, in late April, the two sides struck a deal that would allow Citrix to continue licensing Windows products and Citrix shares began their renewed assent. ED IACCABUCCI, CEO, CITRIX SYSTEMS: This agreement that we just signed was the latest evolution of the relationship to the point where now some of the things that we're doing are actually being re-hosted inside some MSFT products and we're focusing on adding the complete system solution of value to the customers. YASTINE: Analysts say the company's Microsoft agreement gives it a stamp of approval it did not have before. CHRIS GALVIN, ANALYST, HAMBRECHT & QUIST: I think, not only does this secure the company a great opportunity for the next two and a half years, but what Microsoft has done most importantly is endorse the notion of thin client server computing and endorse the notion that Citrix really is on center stage as this market becomes important mainstream. YASTINE: Still, Citrix has just two and a half years, the length of the agreement, to stay ahead of Microsoft which could still market a similar product. Citrix executives see the growth of network computing in health care and other fields as well as the consumer network PC as source of future growth. But, they'll have to move fast to stake their claim. Analysts have also raised estimates on Citrix earning from $1.20 this year to $1.46, and next year they expect it to earn over $2 a share. Nightly Business Report transcripts are available on-line post-broadcast. The program is transcribed by FDCH. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. (c)1997 Community Television Foundation of South Florida, Inc.<< Bob T.