Citrix 2000 Annual Report Download - page 31

Download and view the complete annual report

Please find page 31 of the 2000 Citrix annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 84

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84

29
manner. The Company's future operating results will also depend on its ability
to manage its expanding product line, expand its sales and marketing
organizations and expand its support organization commensurate with the
increasing base of its installed product.
The Company plans to increase its professional staff during 2001 as it
expands sales, marketing and support and product development efforts, as well as
associated administrative systems, to support planned growth. As a result of
this planned growth in the size of its staff, the Company believes that it may
require additional domestic and international facilities during 2001. Although
the Company believes that the cost of such additional facilities will not
significantly impact its financial position or results of operations, the
Company anticipates that operating expenses will increase during 2001 as a
result of its planned growth in staff. Such an increase in operating expenses
may reduce its income from operations and cash flows from operating activities
in 2001.
29