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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Jeff Mills who wrote (5978)10/21/1997 7:33:00 PM
From: Bill Wexler   of 9285
 
You know what's knid of interesting about Citrix.

I was looking back over the price history and I noticed something unusual.

The stock went into the toilet earlier this year (from the mid 50's to as low as 10), when they made an announcement regarding some possible competetive pressure from M$. They subsequently had a blowout April earnings report, but the stock actually went DOWN the following day (from 11 and change to 11).

But now, we've got analysts saying to "close our eyes" to valuation and buy the stock at these levels.
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