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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: jkb who wrote (5591)5/3/1998 12:06:00 PM
From: MikeM54321  Read Replies (1) of 9068
 
Does anyone have any information as to why the acting President of Citrix Systems, Mark Templeton, raised this much money by selling almost all his shares:
3/98 sold $546,875
10/97 sold $1,930,000
6/97 sold $386,250

At this point he only has a very small number of shares. Almost a token amount of 684 shares. His selling almost all of his ownership seems a little out of line. How can shareholders remain confident if the President doesn't seem to have much confidence?

Is he going to remain "President?" Does he have options for more shares that don't show up as "remaining shares?" I don't get it? Can anyone shed some light on this.
Thanks,
MikeM(From Florida)
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