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: Redman who wrote (6112)	2/1/1999 6:32:00 PM
From: mauser96	Read Replies (1) of 9068

Reasons for the recent weakness in CTXS might include... 1) Just a normal market correction for a stock that ran up on earnings expectations 2)Fear of MSFT as a future competitor 3)Limited bandwidth rapidly becoming less of an issue 4)Metaframe seen as being over priced 5) Disappointment over lack of a split I can't be sure, but I suspect #4. It doesn't matter what the facts are, since market prices are determined by perceptions. In any case I have long ago learned not to fight the market, and to be very suspicious of stocks that lag while others go up. CTXS isn't such a big or dominating company that you can be guaranteed it will be here 10 years from now, so it's harder to hold than a company like CSCO or MSFT . There is some technical support around 84 and then 78 , but I don't think the support is very strong at either level. If this lack of relative strength persist I will start reducing my position.

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