CTXS

As we had previously discussed we have finally eliminated the position in CTXS shares that we had held at Friday’s closing price of $103.22. While I do not feel that the Citrix dividend is at risk, the company’s transitions have apparently been mis-managed and have led to multiple guide-downs. I think it is better to…

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Earnings season got underway in earnest last week. It was not a great week for the software names. The IGV fell a couple of percent and the CLOU index was unchanged. The CLOU index benefited significantly from the announcement that one of its heavily weighted constituents, Proofpoint, is being acquired by the PE firm, Thomas…

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We made a portfolio change in the Income/Stability portfolio. We sold our position in Ubiquity at the opening price of $319.75. The sale netted $75,130, The sale in no way reflects any change in the outlook for the company. It reflects, rather, the recent spike which saw the shares appreciate by 31% in two weeks.…

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As noted in our portfolio commentary, we purchased a position in the shares of Citrix (CTXS) in our Income/stability portfolio at Monday’s opening price of $131.49. This transaction used up the prior cash balance;  our purchase cost $17,760. In our portfolio commentary, we mistakenly reported that we had purchased 225 shares-my bad. We make an…

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These are hard times for most of us, and hard times for security analysts as well. Not the kind of analyst who looks at your home or the data network you or your company use, but the kind that is supposed to recommend stocks. Most of the time analysts try to find new stocks to…

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Citrix The other day a subscriber asked me if the results of Citrix for this past quarter constituted either an earthquake or a shock? For subscribers unfamiliar with the source of the words in the question, they come from a well-known Cole Porter song of the 1930’s. Part of the song goes, “is it Granada…

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Yesterday and today are flooded with earnings reports- information overload watch. I will not seek to discuss all of the earnings reports that have been released in the sector-and Microsoft’s stellar release deserves its own article. Needless to say, as a very long-term holder of Microsoft shares, the results for the quarter were gratifying. It…

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The December quarter is shaping up as another period of growth above expectations for most enterprise IT vendors. Brief Reviews of quarters that were announce by the following companies: Citrix (CTXS), Alteryx (AYX) Aspen (AZPN), PTC (PTC), and F5 (FFIV). For convenience in reading, I have divided the post in two, with the first post…

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Wednesday afternoon was marked by a host of enterprise software companies announcing their results. Included in this afternoon’s group were Aspen Tech (AZPN), Citrix (CTXS), PTC (PTC), ServiceNow (NOW), Pluralsight (PS) and of course Microsoft (MSFT).  Of these 6 companies, 5 reported very strong quarters and most of them raised guidance, in some instances by…

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