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

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To: Luce Wildebeest who wrote (8337)6/12/2000 6:04:00 PM
From: nokomis  Read Replies (3) of 9068
 
Have traded CTXS many times in the past, always successfully...I too was shocked by today's action and was grateful I did not have a current position. I did however buy in @ 21 13/16 average price...I could just have easily been holding the shares I bought in mid 40's and for once lady luck was with me..

..to those that are hurting, I would say that there will most certainly be a dead cat bounce tomorrow and it may be possible to trade CTXS a number of times in one day (the volatility should be high) to recoup some $, but I honestly believe that within the next 6 weeks or so, we'll rebound 100% ..the switch to paper licensing I believe will expand the sales numbers and once this is achieved the bottom line revenue estimates will be revisited by the ANALysts.

..not good to surprise these guys...they are ruthless in their selling when embarassed..but soon enough they'll be tripping over themselves to be first in line to buy the uptrend...all IMHO
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