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Technology Stocks : Citrix Systems (CTXS)

CTXS 103.90

0.0%

Nov 2 5:00 PM EST

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To: Biomaven who wrote (5435)	4/8/1998 9:28:00 AM
From: Roger A. Babb	of 9068

Peter, my last post on this subject. I think the CTXS management and staff do consider that CTXS has an obligation to issue options as agreed under the 1995 plan and it is fair to say that the options will be issued according to the terms of the plan, which is "9 million shares (dates unspecified) plus 5% of outstanding shares on each January 1st". Nowhere did I say they are going to suddenly issue all of the options, but I do expect all of the options to be issued according to the terms of the plan, thus a shareholder owning one share owns one out of 60 million, not one out of 41 million. Enough on this subject. Roger

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