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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (13912)9/22/1998 12:15:00 AM
From: mike xie  Read Replies (2) of 18691
 
Roger, being a big fun of your short picks, I'd like to hear your opinion on CTXS. I have been shorting it since it was $75 pre-split. Got burned pretty badly with its run up. But fortunately I have got most of my losses back lately by following its swings.

The reason I shorted CTXS is that I believe their network client-server solution sucks. The idea of transmitting mouse movements through network sounds like a kludge for remote access to me. It doesn't scale, provides no security, and worst of all, wastes way too much bandwidth. I agree it is useful in certain circumstances, but there is nothing in there that has a huge potential. Thus there is no way they can maintain the ridiculous P/E ratio.

The CTXS thread has been pretty quite. However, I noticed whenever someone posts a different opinion, he will immidiately be flooded with responses filled with words like 'idiot', 'stupid'. Seems people on that thread don't like to hear such things. I am thinking of re-enter my short position if the stock goes over 75. I would like to hear your opinion about the stock.

thanks
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