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


To: Daniel Simon who wrote (8424)6/13/2000 8:35:00 PM
From: Greg22  Read Replies (1) | Respond to of 9068
 
Yes, we got screwed, but at least its over.

The cold hard facts now are that there are plenty of investors willing to speculate at these price levels.
If today's momentum continues, shorts will have to run for cover and we could easily see 30 by this weekend and 40 by months end.

All we can do now is wait for this whole thing to play out and see what happens after the smoke clears. It can't get any worse.



To: Daniel Simon who wrote (8424)6/14/2000 12:48:00 AM
From: JMD  Respond to of 9068
 
Oh Boy Daniel, I hope in our next lives you come back as my boss. With your, what shall we call it, generosity?, I'll sit back and groove with Bob Marley while explaining life's probems and awaiting solutions for another day.
Sorry for the sarcasm, but we're talking money here and the CTXS team just evaporated a whole truckfull of mine for no valid reason. VALID is: we decided to go for a new customer base and the result was that our earnings were penalized for a quarter or two, but just wait cause ultimately we're going to come out big time ahead. O.K. so the penalty is a bit higher than contemplated. That's all right---business is like that and nobody hits the ball out of the park every time.
INVALID is: jesus, we're blowing it big time and even though we think it's long term o.k., it's not o.k. to let anybody know about it or we'll get hit. So let's play: just pretend and hope everybody doesn't notice. Damn, those guys have laptops that work Excel spreadsheets just like ours and they're SEEING IT. Maybe they're stupid and we can finesse it. Not.
Daniel, will you pay for that explanation? Don't take it personally: I did, in one of the bigger bone head moves of my not totally unsuccessful investing career. Sheer Idiot: mike doyle
PS--and don't even begin with the notion that they didn't let somebody know--60, 70 million shares? Once you get beyond your brother-in-law and three aunts/two uncles, you're up to 100,000 shares if you're lucky. This is clean out the management team time and if it doesn't happen soon, I'm outta here. md



To: Daniel Simon who wrote (8424)6/14/2000 11:14:00 AM
From: hangmanboothill  Read Replies (1) | Respond to of 9068
 
thanks for the balanced assessment. however, i disagree. a "no show" is not "itself a form of communication." it is in fact an admission that they did not have the information or were trying to delay the true facts. a simple case of malfeasance or incompetence, and i cannot believe that a software supplier of this magnitude and complexity is incompetent. remember the executives have stock options at $20 something, so they are not that stupid. so why did it take a 45% drop in price to get to the truth of an earnings decline based on the business practices the execs site? this information should have been forthcoming before a "no show."

well, as we all should know by now, the courts will decide in this case why ctsx "withheld" information to influence stock prices!