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To: Sam Sara who wrote (2826)	7/7/2000 1:08:33 PM
From: jhg_in_kc	Read Replies (1) of 13572

A FISH ON THE BOTTOM, AG EDWARDS SAYS BUY. EASY DOUBLE.Citrix Systems (CTXS) 19 1/8: Citrix is trading up $1 in the pre-market as a result of some positive comments from BusinessWeek this morning. Citrix software allows users to tap into applications stored on central servers and works well even with low network bandwidth. Application service providers, or ASPs, are usually hired by small to mid-size companies to manage their software. The employees then use Citrix to tap into the software...The stock shed 46% on June 12 when it pre-announced a lower-than-expected June quarter with revenue of $105-$110 million and EPS of $0.09-$0.11 versus consensus of $0.21 citing lower demand among the large customers as well as weak international growth and a shift to paper licenses from shrink-wrapped software. As a result, the management ranks have been stirred up as company founder and former chairman, Edward E. Iacobucci has left and the company. Former CEO Roger Roberts is now chairman and the company has started a search for a new CEO to replace Mark Templeton, who will remain with the company as president. Hopefully, the new management can repair relations with shareholders as over a dozen shareholder suits have been filed claiming the company lied. With the 84% stock price decline within the past three months, Briefing.com believes now is a good time to buy the stock as the bad news is already reflected in the shares. CTXS is the type of stock that will rally late if the Nasdaq runs up. Keep an eye on CTXS in a market rally -if you feel you have missed the boat on a rally, money will trickle down to a company like CTXS soon after.

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