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


To: Roger A. Babb who wrote (7305)11/19/1997 10:27:00 PM
From: ted birnbaum  Respond to of 9285
 
Yep thats what I was saying. I bet i sleep a whole lot better being
short at 78 then say someone who is long at 78 :)



To: Roger A. Babb who wrote (7305)11/20/1997 8:51:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 9285
 
CTXS news from Briefing:

08:41 ET Citrix Systems Inc. (CTXS) 64 13/16: Issue indicated 8-9 pts higher after the developer of thin-client/server software solutions concern said 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. Yesterday, the stk lost more than 11 pts before being halted.



To: Roger A. Babb who wrote (7305)11/20/1997 9:19:00 AM
From: Franco Battista  Read Replies (1) | Respond to of 9285
 
Roger, I will restate my question of yesterday, since I wasn't very clear with it. How legal is it for a company to halt a stock on a whim, as was the case yesterday with CTXS? The company basically stopped short traders from covering, and this being a very thinnly traded stock it is anyone's guess what they are upto now. After making the statements they made yesterday, how can this stock open higher than yesterday's open? I must tell you after seeing this that I feel bewtter and better about this short!