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: Biomaven who wrote (5425)	4/7/1998 10:26:00 PM
From: Al Chechatka	Read Replies (2) of 9068

Are the Options in the 1989 and 1995 plans split adjusted? From the 1989 plan, there since has been 3 splits. A 2 for 3 (before the IPO) 2 for 1 (in 1997) and 3 for 2 (just in Feb '98). That would make the 1 million number would actually be 2 million. Does anybody know which is correct? Roger, why do you think CTXS is going to drop like a rocket? Almost all your shorts (that you called correctly, ie VIAS) you had months of downward movement. Even with CTXS last year from 40 to 30 you had a few days before it tanked. Last year, I know you were in on the 50 to 40, but I think you covered and missed the big money down. I'dd rather get in on a short when it is already getting downward pressure. I agree with some of your shorts, but definately not CTXS. Sometimes it gets ahead of itself and you can make a good buck trading it (long and short). It is a great trading stock and it has been a great buy and hold stock from last Feb. I just do not see it as a Short and hold. If you are worried about earnings this quarter because of Winframe sales slowing, short an hour before the Close on Monday April 20th? If there is no UPTICK (which there will be) buy the puts. You can even do them until 4:02PM. You've explained yourself why you're short, but not why it will tank in a day. IMO, your risk reward is not favorable to you. Al C.

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