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


To: JZGalt who wrote (6436)4/21/1999 12:35:00 PM
From: Innuit  Respond to of 9068
 
The annual report was awesome. It just arrived. Where I live mail is really slow.

The letter from the CEO states in the first sentence that the year was "fantastic". The last paragraph says he expects it to do even better next year. The previous 2 reports were cloaked with much more negative sounding warnings about the relationship with MSFT. The annual report was upbeat, the current earning report was upbeat, its PE ratio is reasonable for its growth rate. In previous years it always bumped up after the annual meeting (coming up). It is about 30% off its highs of the year. I expect it to hit its high again within a few weeks. I've been in CTXS from almost day 1 and I'm buying more today.