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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (7478)11/25/1997 8:50:00 AM
From: Franco Battista  Read Replies (3) of 9285
 
Saw a report on CTXS on Nightly Business Report last night. It was a very unbiased report, no hyping. The video footage they showed of the operations make CTXS look like a very small operation indeed. They also reported about the drop in price earlier in the year when Microsoft threatened to abandon them. The reporter understood the problems facing CTXS and mentioned that while things were growing at present, CTXS would have to find new products for continued growth and to replace those it sold to MSFT. The impression they gave was that CTXS had about a one year time frame for this to happen.

It's hard to believe that investors have given such a high valuation to such a basement operation. I have recently increased my short in CTXS.
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