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


To: Lizzie Tudor who wrote (5092)3/1/1998 5:45:00 PM
From: CHIP HUNTER  Read Replies (1) | Respond to of 9068
 
Michelle I will comment about the TA on this stock.... TA wise this stock just broke a triple bottom and when this happens it tends to be bearish!! I think over the next few months this stock will be substantially lower. My opinion is based on the charts only, no fundamental info was considered.... Also i am short this stock!!



To: Lizzie Tudor who wrote (5092)3/1/1998 6:38:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 9068
 
Michelle, I'm long Citrix, but I have to agree with Chip - the stock is in a technical shambles, and looks like it will be going lower. There is a very good likelihood that I will liquidate my position this week.



To: Lizzie Tudor who wrote (5092)3/1/1998 10:00:00 PM
From: Robert Scott  Respond to of 9068
 
Look at the 2 year chart and you will notice that Citrix often sells off after a strong runup around earnings - usualy about 30% down. It's a little early for this this quarter as it usually happens between 2 weeks before quarter end and 1 week after quarter close. This has been a great trading stock except for last spring and will continue so long as growth continues.