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

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To: Redman who wrote (6237)3/22/1999 4:53:00 PM
From: David Lawrence  Read Replies (2) of 9068
 
Shucks - covered my short a day too soon.

In my opinion, if there was some kind of deal with MSFT in the works (including the convertibles), it would have been announced commensurate with the placement, otherwise it would not have been an arms-length transaction.

Let's assume for a moment that the placement of the convertibles was to an unrelated third party. Rumors are floating about that MSFT wants to settle with the DOJ. Is there any way that a deal might be in the making where CTXS would license NT server from MSFT, and remarket it in competition with MSFT as part of a settlement with the feds? The cash raised in the convertible offering would be used to hire and pay developers and support staff, and the additional authorized shares would be used in part to pay for licensing the code. Does that make any sense?

My apologies if that has already been discussed - I may have missed some postings over the past couple of weeks.
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