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: Ellen who wrote (8378)	6/12/2000 7:50:00 PM
From: puborectalis	Read Replies (1) of 9068

Did anyone listen to the interview on CNN with Stuart Varney and the CEO( Mark Templeton)?.It was a pathetic attempt to justify his CFO's absence last Thursday at a news conference,to not clarify the debacle which allowed MASSIVE selling last week BEFORE today's earnings shortfall.I'm ashamed of this mgmt....this kind of malfeisance may be ok in South Florida but not elsewhere in the US.The mgmt now has many of their employees with stock options under water......Volume always precedes reality! Even ML's Paul Meeks got "his" credibility truncated......."In "a lot of the answers to a lot of the questions, you guys have been dancing around the issue," said Paul Meeks, portfolio manager of the Merrill Lynch Global Technology fund. Calling the company's communications with investors "atrocious," Meeks told company executives, "You're going to lose a lot of credibility here." His outburst came after analysts had rephrased the same question about the coming quarter for more than an hour. Finally, one analyst inquired bluntly: "Would it be realistic to say you're looking at a three-to-six-month drop-off before you regain the momentum you had before this?"

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