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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Jon Tara who wrote (6295)10/29/1997 11:32:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 9285
 
Jon, hope you are right about a CTXS run up. Make a great shorting opportunity because it stinks based on fundamental analysis and the higher it goes the harder it will fall. I think some folks are going to be surprised when the 10q is posted and they realize that most of this quarters earnings were just revenue recognition of money in the bank from MSFT in May for a one time asset sale. Cash assets actually declined during the quarter.

I am reading between the lines of the press release to see this, but it will be explicit in the 10q.



To: Jon Tara who wrote (6295)10/30/1997 10:15:00 AM
From: McNabb Brothers  Respond to of 9285
 
Jon,

I was not impressed with the CEO of CTXS on CNBC. Looks like not many were as the stock is going back down. If the market turns up in the next day or so and CTXS does not break out of the flag I will be ready to short more anything above $70. I was hoping for $85 as a gift.

Mike



To: Jon Tara who wrote (6295)11/3/1997 5:04:00 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 9285
 
Jon,

What do you think about CTXS now? It appeared poised to break out of the bull flag today, but faltered considering the market was up big. It left a dark spinning top on the chart. If today did not fuel it off the launch pad it may be out of steam.

Mike