Citrix Systems (CTXS) Message Board

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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: Innuit who wrote (5109)	3/2/1998 7:08:00 PM
From: Cynthia Najarian	Read Replies (1) of 9068

Nope, last year MSFT announced that they were in talks with CTXS about their alliance. After the announcement, CTXS dropped to around 9 3/4 interday but closed around 11. It stayed there for around 4 months while news of the talks showed MSFT to be taking a tough stance. Talking about either finding some other company or developing the CTXS products in house. Shareholder lawsuits were announced. How dare CTXS not tell their shareholders that a large portion of their earnings came from the MSFT alliance. Lawsuit thrown out in DEC 1997(?) when CTXS was much higher. and MSFT renewed their alliance around May or June 1997. What's the reason for it this time? Renewal of the MSFT alliance again?

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