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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: Mark T. Heath who wrote (5082)2/25/1998 11:08:00 AM
From: Riskmgmt   of 9068
 
Probably nothing more than technical support at $40. I doubt the "rumor" theory stated
earlier in a previous post.


Mark: Yes, I doubt the rumor has anything to do with it. Strong support at $40($60 pre-split) and the shorts getting attracted to it. If you re-read the posts over the last month or two, more postings by shorts. There has also been some LARGE orders sitting on the ask, so presumably, a fund or insiders have been selling. Perhaps, someone with level 2 can provide more details.

Long and happy but cautious!

Ray
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