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: David Perfette who wrote (6407)	4/19/1999 4:39:00 PM
From: David Lawrence	Read Replies (1) of 9068

>I would gather that the debt offering was to buy back stock? That's difficult to say since we don't know what the terms of the convertible are. Besides, they probably had enough cash to do the buyback without the proceeds of the convertible. The share buyback could be used to prevent dilution in the event of conversion, but I somehow doubt that. They may just be trying to jawjack the price back up.

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