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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (2372)2/6/1998 10:41:00 AM
From: Cynic 2005   of 18691
 
Roger, I am not a TA buff myself. I am not fully convinced that it will work perfectly. I give about 80% weightage to FA. But, if your FA agrees with TA, go for it.

Re. CTXS - perhaps you remember the days I was bullish on Citrix. While I agreed with you on valuation being high, I thought it would go higher (from low 40's - before the big crash last spring) towards 70. I was looking at it as a pure NT related momentum play. After a couple of talks with their PR guy, and the last spring cunning action of the insiders, I have lost respect for the CTXS management. You are possibly right in your assessment - they are out to sell stock not a product.

If telling truth is being unamerican, so be it. Ignore those idiots who don't know any better.

Good luck!
-Mohan
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