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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (784)1/16/1998 10:40:00 AM
From: Franco Battista  Read Replies (1) of 18691
 
Roger, and all CTXS shorts. CTXS seems to have stopped rallying on news or on general market rallies. It is most strange that it is not rallying prior to its earnings report next Tuesday. Given the upside earnings surprise last quarter, this stock should be moving up big time right now. Something does not seem to be right. Regardless of the stock's price action, I feel that anything short of a spectacular report will be seen as disappointing. I'm sure that expectations are sky-high. I am still hoping that it runs up to at least 78$ so that I can increase my short prior to earnings.
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