Skip to main content

Goldman Sachs has BMC and Citrix on its favorites list

Per the economy, Friar quotes Citrix management as saying that, “due to the cost reduction nature of its product, the company actually tends to outperform in weaker economic environments.” Meaning, you can use Citrix’s “virtual copy of Microsoft’s Windows (MSFT) to actually lower the amount you spend on Windows. Citrix is a competitor to VMWare (VMW), the hottest IPO in recent memory, and Friar says that the company’s recent acquisition of Xensource makes that a credible claim: “original equipment makers have been clamoring for a credible number two to VMware and Xensource seems to be filling this need.” Xensource should benefit from a recent agreement between itself and VMware to offer standards for interoperability between virtual machine software programs, says Friar. Friar has a $42 price target for Citrix.

BMC shares are worth $36, argues Friar. Right now, the stock trades at only 11x its enterprise value as a multiple of its projected free cash flow next year, which, she writes, is way below the software industry average of 17x.


Barrons is carrying the article.

Comments

Popular posts from this blog

Get Vyatta Virtual Appliance, now VMware certified!

We all know Vyatta, don't we?

Vyatta, the leader in Linux-based networking, today announced that its open-source networking software has received VMware Virtual Appliance Certification, thereby providing customers with a solution that has been optimized for a production-ready VMware environment. The company also announced it has joined the VMware Technology Alliance Partner (TAP) Program. As a member of TAP, Vyatta will offer its solutions via the TAP program website. With the Vyatta virtual appliance for VMware environments, organizations can now include Vyatta’s router, firewall and VPN functions as part of their virtualized infrastructure.

Vyatta combines enterprise-class routing and security capabilities into an integrated, reliable and commercially supported software solution, delivering twice the performance of proprietary network solutions at half the price. Running Vyatta software as virtual appliances gives customers many more options for scaling their data centers and cons…

3PAR adds native LDAP support to simplify administration

3PAR®, the leading global provider of utility storage, announced today native support for lightweight directory access protocol (LDAP). Support for LDAP enables centralized user authentication and authorization using a standard protocol for managing access to IT resources. With 3PAR’s support for LDAP, customers are able to now integrate 3PAR Utility Storage--a simple, cost-efficient, and massively scalable storage platform—with standard, open enterprise directory services. The result is simplified security administration with centralized access control and identity management.

“3PAR Utility Storage already provides us with a reliable, shared, and easy-to-use consolidated storage platform,” said Burzin Engineer, Vice President of Infrastructure Services at Shopzilla. "Now, with 3PAR support for LDAP, managing security commonly--across all our resources, including storage--is also simple and efficient.”

Press Release

DeepLearningTrucker Part 1