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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Timoteo who wrote (1120)	1/21/1998 2:45:00 PM
From: Franco Battista	Read Replies (7) \| Respond to of 18691

To all, can anyone suggest a reliable real-time quote service at a reasonable cost? Thanks.

To: Timoteo who wrote (1120)	1/21/1998 3:43:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 18691

Timoteo, yes I think it is clear that CTXS earnings have flattened and will likely decline from here. This means a drastic drop in stock price when the growth is factored out of the PE. I think CTXS will see 30's by summer.

To: Timoteo who wrote (1120)	1/21/1998 3:55:00 PM
From: Roger A. Babb	Read Replies (3) \| Respond to of 18691

Timoteo, it is probably also clear to CTXS management that earnings are going to flatten or retreat and the stock price will get beat up. Given that knowledge, they may want to sell some more stock first. Look for heavy insider selling and maybe even a secondary offering or convertible issue in the coming weeks. I made this same prediction for VIAS and ZITL about this time last year when they were flying high and that is exactly what they did. It is just common sense that if your stock is over valued that you should try to cash in on it.