SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Lee who wrote (8689)11/19/1997 5:46:00 PM
From: Howard S.  Respond to of 13456
 
From Briefing...
15:34 ET Citrix Systems (CTXS) 64 13/16 -11 5/16: Issue has fallen off a cliff, after the company said Q3 margins are not sustainable. Stk currently halted on news pending. Speaking at a conference sponsored by SoundView Financial, company CFO said "I don't know anyone that can maintain a 49% operating margin"... "If your revenues significantly outpace expenses, you simply can't spend enough."



To: Alan Lee who wrote (8689)11/19/1997 6:46:00 PM
From: AlienTech  Read Replies (1) | Respond to of 13456
 
>>Anyone know what happened to CTXS? Dropped by about 10 pts. in a few minutes, then appears to have shut down for the day at about 3:20 PM.<<

Citrix Systems Inc. (CTXS) 64 13/16 -11 5/16: thin-client/server software solutions concern says that comments about profit margin not being sustainable and merger related charges are not new developments and do not alter its outlook for its business prospects......

Citrix Systems Inc. (CTXS) 64 13/16 -11 5/16: shares of thin-client/server software solutions concern are currently halted pending news; company had recently said that 3Q operating margins were not sustainable.....

I hate shit like this, Just after a few people UPGRADED them less than day ago.. Stupid ANAL-ISTS!