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To: Mike Buckley who wrote (26693)	6/23/2000 10:11:00 AM
From: Uncle Frank	Respond to of 54805

Citrix Founder Out in Management Shake-Up Jun 23 9:40am ET NEW YORK (Reuters) - Citrix Systems Inc. (CTXS.O), a maker of network software, on Friday said founder and Chairman Edward Iacobucci had resigned as part of a management shake-up following the company's recent profit warning and a sharp drop in the value of its shares. In a statement, the Ft. Lauderdale, Fla.-based company named former Chief Executive Roger Roberts to the position of chairman and has started a search for a new CEO to replace Mark Templeton, who will remain with the company as president. During its search for Templeton's successor, the company said Roberts, who served as its chief executive from 1990 to 1998, will serve as interim CEO. The company also said board member Michael Brown had resigned as a director but will continue to be available on selected matters. On June 12, shares of Citrix fell over 45 percent when the company warned that second-quarter earnings would be half of what Wall Street was forecasting. Shares closed on Thursday at 22-3/4 on the Nasdaq, well below a 52-week high of 122-5/16. Since then, more than a dozen shareholder lawsuits have been filed against Citrix and Citrix management, charging the company with lying about its financial condition and growth potential.