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

To: dreydoc who wrote (6139)	2/6/1999 10:28:00 PM
From: Mike Buckley	Read Replies (2) \| Respond to of 9068

dreydoc, >>All just MHO of course, but I think thin devices and "application dial tone" have a very long way to run, and CTXS will continue its leadership position.<< That's exactly why I invested. I came upon Citrix too late to take advantage of the days when the stock tanked to $10, but my basic premise for going long as a buy-and-hold proposition came from my study of the thin-client evolution. (It's still too early too call it a revolution.) I'm convinced of the big-picture thin-client story for which Citrix is providing the means to help it grow faster and farther. Dreydoc, if you're looking for justification not to own the stock, look no further than the book, The Gorilla Game. The authors' buying strategy is to wait until the start of the tornado to buy stocks of companies selling enabling software or hardware. Citrix is clearly in the enabling software business and the tornado (using the authors' definition) has not yet begun. According to that philosophy, Lucius and I are taking on greater risk owning Citrix stock before the tornado has formed. I've thought about that a lot and it's a risk I'm willing to take in this case with the thinking that the potential reward is well worth it. It's interesdting that Lucius and I are having fun in another folder talking about another potential gorilla, Siebel Systems. As much as I like the long-term prospects for Siebel, the really incredible returns for investors have come almost entirely from gorillas selling enabling products (Micrsoft, Intel and Cisco), not those selling applications software. Too bad there are so darned few enabling technologies, which is yet another reason I'm willing to take the risk with Citrix right now. With so few enablers to choose from, I hope I've hooked into one with tremendous potential. It's enjoyable discussing this stuff with everyone. Glad to be here! --Mike Buckley