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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: Redman who wrote (8339)	6/12/2000 2:07:00 PM
From: dstange	Read Replies (3) of 9068

FWIW, I spoke with my broker at AG Edwards. CTXS was AG Edward's software analyst's #1 pick. The analyst will be reiterating a Buy recommendation, but lowering his price target from 130 to somewhere around 100. The analyst is stating that long term still looks great with 50% annual growth expected and that poor management by the CEO and CFO during this transition has caused the problem. The analyst was also upset by the lack of information during the conference call this morning which added to the confusion. The analyst apparently stated that the CEO and CFO may get the axe over the poor communication/management for the quarter/transition. The analyst also stated that "internet sales" of CTXS products are going very well. I hope he is right on all counts.

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