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Citrix Systems, Inc. (CTXS) Message Board

  • stocker4949 stocker4949 Oct 25, 2013 1:47 PM Flag

    CTXS tries to copy CSCO to do stock buyback

    CSCO fell from high $24 to low $22 since its last earning plus doing the stock buyback. However, CTXS is not CSCO because it gives no dividend to shareholders like CSCO. With the struggling sales and profit and not giving any dividend to the shareholders, CTXS shall not spending more cash to do stock buyback. CTXS shall try to preserve its cash to buy valuable licenses to prevent itself from getting sued as they have done early this year with IBM and focusing on how to grow better business. CTXS has lost its vision and sight of its business.

    Sentiment: Strong Sell

 
CTXS
64.02+0.41(+0.64%)Mar 30 4:00 PMEDT