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

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To: Steven Tsai who wrote ()6/22/2000 1:47:00 PM
From: nosmo_king  Read Replies (1) of 9068
 
In retrospect, I understand (I think) the rise in CTXS shares to the >100 range was related, obviously, to a terrific product<g> but also, in large part to momo trading and perhaps a bit of 'irrational exuberance'.

The plummet, to poor EPS report with additional confounding factors of MSFT's problems (though not new), Greenspan's recent tightening/attempts to control 'irrational exuberance' and likely others.

As I type this, the only recent news I can find relates to the multitude of class action lawsuits against CTXS, yet the stock is up ~ 17%*. Any one with ideas as to why the large green today?

TIA,
nosmo

(*the ONLY benefit of a stock price in the 20's is the large % gained by a small absolute $ amt<gg>)
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