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

To: Bosco who wrote (8568)	6/23/2000 9:33:00 AM
From: JMD	Read Replies (3) \| Respond to of 9068

Bosco, I have followed CTXS for only 2 years which certainly doesn't qualify as long term and also look forward to the comments of the veterans of this thread. My reaction however is that the BIG steps have been taken, i.e., the founder and chairman, the CEO, and one other board member are out. This is exactly what I was looking for when I posted following the Friday blood bath that I'd sell if it didn't happen. I, for one, therefore regard this quite positively. As to the CFO, I think it's too early to call. There's always the possibility that the Board and current CEO felt that he was 'under orders' and is therefore innocent, but I feel that misses the point. His credibility on the Street seems shot to hell, and restored credibility has to be at or near the top of CTXS' objectives. It seems more likely that the new CEO will insist on naming his own guy to the CFO slot, which will give the current CFO a much more graceful exit from what is now a very, very ugly stew. This is a very positive FIRST step. Now let's see who they can recruit to get the show back on the road. Mike Doyle