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

To: Innuit who wrote (8581)	6/23/2000 11:59:00 PM
From: RGM	Read Replies (1) \| Respond to of 9068

"I think all the bad news is out and today's news is not so bad for the future. . . . I think." I wish this statement was true, but I think many investors who sold off today believe the top management change was an indication of greater losses to be reported than previously forecasted a couple of weeks ago. You know - "the cockroach theory". Unfortunately, I am stuck holding shares in this company. I can see the stock price going down to 15 or lower if there are not ongoing positive news releases to support the stock price at this level. I hope I am wrong, but I have seen it happen to other hi-tech companies who have lost their creditibility with institutional investors. The other side of the coin is that this top management change was necessary in order to position CTXS to be acquired by other firm. The "pump" on Thursday has proved to me that this stock is highly manipulated. What the hell was the reason for the 3 point increase on Thursday? I did not see any published news release. Rob