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Technology Stocks : Citrix Systems (CTXS) -- Ignore unavailable to you. Want to Upgrade?

To: Riskmgmt who wrote (7413)	12/17/1999 3:44:00 PM
From: David Montgomery	Read Replies (2) \| Respond to of 9068

Ray - I'd been thinking about the options bit also - but don't think I'll try it. Maybe someone knows more about the technical analysis than I do and can tell me if this is a reasonable way of thinking. One thing I looked at was March puts at 105 or so ( they're about 9 right now ). Then sell some March calls at 140 ( they're about 12 or so ). That covers the costs. Then I looked at some "PEG" ratio listings at Yahoo. CTXS is in the "Computer-Software" area. Peg ratios were: CTXS 1.52 S&P 500 2.35 Comp-Software 8.15 I figured that the "PEG" ratio was pretty good, so there might be reason to think the current price would be supported. Decided against worrying about options. Would appreciate any thoughts on the "PEG" ratio analysis. Thanks, dm

To: Riskmgmt who wrote (7413)	12/17/1999 4:06:00 PM
From: jkb	Read Replies (1) \| Respond to of 9068

I've been thinking the same thing these last couple of days. I was actually relieved to see the couple of down days earlier this week - but this is seemingly ludicrous - not just CTXS value - but every other tech darling that is out there. I am still long CTXS - but I've sold some yesterday also. This market seems crazy to me - perhaps I'm the one that's nuts right now - who knows. I love this company also - but I'm holding on to a majority in cash at this point - hoping and sincerely expecting some sort of correction.

To: Riskmgmt who wrote (7413)	12/17/1999 7:46:00 PM
From: Mike Buckley	Respond to of 9068

Ray, Seriously, Am I the only one having trouble with this level? No, you're not. The Naz has done so well this year that it's being mentioned on national TV news. The combination of generally robust market and overly ambitious expectations of revenue coming from the ASPs is my explanation for the lofty price. --Mike Buckley