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


To: maverick61 who wrote (8313)6/12/2000 11:45:00 AM
From: Wyätt Gwyön  Respond to of 9068
 
and it was clearly obvious that the news was leaked on Thursday to the big boys

I don't know about this. Weakness starting Thursday seems to have been due to the CFO skipping the PW conference, which emboldened the shorts>

08:10 ET Citrix Systems (CTXS) 41 3/16: --Update-- Stock tumbles to $29 3/8 in pre-market after company warns that Q2 will come in well below Wall Street views; CTXS shares have now plunged 26 1/2 pts or 47% since Thursday when Briefing.com reported that short-sellers were moving into the stock after the company's CFO backed out of an appearance at the PaineWebber Growth and Tech Conference.