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


To: Daniel Simon who wrote (8882)2/24/2001 2:05:03 PM
From: Robert O  Read Replies (1) | Respond to of 9068
 

I believe most tech companies carry insurance against shareholder lawsuits...in most case this dramatically limits the effect on the balance sheet of such suits.


Ahhh therein lies the rub, eh? The real question is what are the policy limits that CTXS has in place and what potential hit could the company take above and beyond. So, getting back to my original query to the board: does anyone know the potential hit to the balance sheet? I was just hoping someone had already heard what limits were and what potential hit was so I didn't have to look through all kinds of EDGAR stuff looking for clues that might not even be there. TIA

RO