Citrix Systems (CTXS) Message Board

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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: mauser96 who wrote (8275)	6/11/2000 6:06:00 PM
From: Redman	Read Replies (1) of 9068

Lucius I think it should be pointed out that the Officers of CTXS, at least Ed and Templeton, have never had a material % ownership in the stock. If I had to guess, there ownership has increased over time, as they have probably held more options than they sold...again a speculation without research. They sold a big chunk of company to msft, intc and some venture firms to get things going...before the IPO obviously. And as for sales, I have been in the stock since 1996 (shortly after they went public) and they have always divested stock throughout the years at about the same pace. The difference now being that there options are a % of outstanding shares.....and they had 23M when I bought and now have 183M. So, they are granted a much larger # of shares than before, and are subsequently selling more shares. I will say, compared to most tech companies.....our management is not greedy in the least. They take hardly anything compared to some of the share pigs out there who control the board. My two cents. Red

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