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


To: Riskmgmt who wrote (8710)7/26/2000 2:25:59 AM
From: carl a. mehr  Read Replies (2) | Respond to of 9068
 
Hi Ray,
I really don't know why I am here, but I hope to pull out of CTXS making a nice profit.

I came to the conclusion that CTXS couldn't be too bad a stock to get into after comparing it to INTC on a 5 year chart (using msn money central). It had been doing better than Intel for about 4 years out of those 5. Looks like it got way ahead of itself when it shot up, but projecting it forward (removing the big run-up) I think that a price of $40 may be a more reasonable. I am sure that they have some problems to overcome before we see anything like that. My average price is only 17.41, so I am not feeling your pain. Just couldn't resist sticking my foot in a little deeper at the price below 16.

Went to Atlanta in June and picked up my 1st place trophy for 144% portfolio gain for 1999; I hope to score a better gain this year. Currently at 50.1% YTD and Intel and Cisco should do wonders in the 2nd half, and don't rule out MSFT.

I don't trade my big 3 gorilla stocks. Back playing XLNX after the huge drop of a few days ago. Should be good for 100 in a month or two. Hope to 'month' trade a few stocks to pay margin interest. Good to hear from you...humble carl