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

To: Shaw who wrote (8575)	6/23/2000 11:47:00 AM
From: Riskmgmt	Read Replies (1) \| Respond to of 9068

Mike and Ray, Mike I agree the shake up is a good thing, Shaw, To clarify, I do not think it is a net positive. Roberts and Templeton are changing positions. M. Brown I know little about except that he comes from a Wall Street background, one could speculate that he might be the source of the leaks, but who know. Losing Ed is my concern, it is not clear what his relationship will be with Citrix going forward. I hope this becomes clearer soon The company's founder and former chairman, Edward E. Iacobucci, resigned as a director and left his position as an officer and employee of the company to pursue his vision of software as a service in cooperation with Citrix and other industry leaders. Ray

To: Shaw who wrote (8575)	6/23/2000 12:09:00 PM
From: Shaw	Respond to of 9068

To all I had a melt down moment yesterday, as I saw the NAS. falling. Citrix has consumed so much of my time and creative energy, that I was loosing sight of all the important nuances in my other positions, so I just sold across the board, to protect what profit I had left, after the Citrixs crash. Anyway for the moment I am staying out of the stock for the next 30 days. I think these latest developements in Citrix, further support others thinking that the recovery in Citrix won't be till Wall St. gets some indication on how things are going, when the street gets a chance to see some results. Anyway I had to take a break from Citrix, as thinking and writing about it was consuming way too much time, and effecting work and family. Take care all, until later, I will still be reading your post to keep my foot in the ongoing story.

To: Shaw who wrote (8575)	6/24/2000 12:27:00 AM
From: Doug Fowler	Read Replies (1) \| Respond to of 9068

Things are likely WORSE at Citrix than we have been led to believe, and this is WHY they are dumping the chairman and demoting the CEO (who you can be sure will be gone entirely shortly -- nobody takes a demotion like that lightly). The REAL problem at Citrix is likely that this is the end of the line for quick, easy growth, and I suspect the movement toward re-engineered applications for the ASP market will quickly impact revenue levels at the company. Can Citrix shift strategy to be a significant player in this new environment? Possibly, but not too many companies have successfully maneuvered that kind of shift. Given these uncertainties, especially highlighted by management moves today, the stock is too expensive and risky for my money.