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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST
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To: Heeren Pathak who wrote (7994)5/7/2000 11:25:00 AM
From: Redman  Read Replies (1) of 9068
 
Hereen,

Thank you for your informative posts. I would have to believe CTXS is on the up and up on accounting recognition. They have a class management, and if you recall just over a year ago they restructured the way they handled in-process research. They had to readjust back quarters and spread the write off over more quarters. In doing this, I am sure they did a complete accounting review and have kept up. They are not very big risk takers, and it is obvious by the way they keep everything at bay. But, I would agree they DESPERATELY need to explain to the street in lamenz terms what they are seeing and trying to accomplish.

Also, I remember an article talking about them snooping around Boston for an acquisition. It was not a CTXS release, but a tech periodical or newspaper article. I will say, in light of interest rates, that 5.25% convertible was good timing on their part......try raising that kind of money today and with those terms.

Red
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