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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 (6055)1/20/1999 10:28:00 AM
From: Redman  Read Replies (3) of 9068
 
In each of the last four quarters, ctxs has either met expectations and whisper numbers, or exceeded by a little. And each time ctxs sold off drastically. In todays market it is obvious you have to blow out earnings to sustain the high PE's given, not just exceed expectations and whisper numbers.

But, on another note. Within a few trading days after each selloff, ctxs started right back up again and continued to make new highs. Lets hope history again repeats itself.

Red
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