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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: Steven Tsai who started this subject	7/6/2000 9:36:58 PM
From: Alex MG	Read Replies (1) of 9068

Citrix Shares Could Double as Earnings Recover, Magazine Says By Ashley Gross Fort Lauderdale, Florida, July 6 (Bloomberg) -- Citrix Systems Inc.'s shares could double when it resumes earnings growth of 30 percent a year in the next quarter or two, Business Week reported in its ``Inside Wall Street'' column, citing Stephen Leeb, editor of market letter Personal Finance. Citrix's shares have fallen 84 percent in three months and dropped in June because of a second-quarter profit warning. Leeb said Citrix had a profit shortfall because it took longer than expected to close some sales to large corporate clients, though the company's total sales rose, the magazine said. Citrix shares rose 1 1/8 to 19 1/8 today. (BW 7/17 157)

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