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To: maverick61 who wrote (27414)6/9/2000 10:02:00 AM
From: JLS  Read Replies (1) | Respond to of 57584
 
Yeah, on second look its in a free fall.



To: maverick61 who wrote (27414)6/9/2000 10:33:00 AM
From: xcr600  Read Replies (2) | Respond to of 57584
 
More than likely it's some funds bailing out of the stock. INCA sellers can be brutal as no one knows their true size but level 3 users. So why step in front of a freighttrain? (i.e. the price drops more...)



To: maverick61 who wrote (27414)6/10/2000 11:26:00 AM
From: DlphcOracl  Read Replies (2) | Respond to of 57584
 
Technology Bargains: "Get 'em while they're cold".

FWIW, I think CTXS is a buy at these levels. It is still not cheap, per se, but compared to tech stocks with comparable growth rates, it's a bargain. It has been broadening its product to mesh with UNIX and the Microsoft woes should not affect its bottom line. Windows NT and 2000 will still be the dominant business platform for years to come. Rather than try to "catch the falling knife", I'm placing a "BUY limit" order 2-3 points above CTXS's close on Friday so that I catch it on the way back up. It could drop into the 30's -- who knows.

Other bargain tech stocks that I think are worth a serious look at current prices are: SNDK, ADAP, JNIC, BEAS, IBIS, PUMA, GBLX and ANAD. All are (IMO) way oversold and did not participate in the NASDAQ bounce last week to the same extent as the momentum favorites (PMCS, SDLI, AETH, etc.). Judicious buying of these stocks at these levels may prove
to be profitable, with less downside risk than other tech flyers. Anyway, worth a look.