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

To: NicholasC who wrote (5130)	3/4/1998 12:31:00 AM
From: Mike M	Respond to of 9068

NicholasC- <<P.S.S. Good to see gutsy people grabbing CTXS stock from those that are afraid. $37 is a good price!>> 33 and upper 20's are even better prices....which I think we will see... Just my technical opinion. Mike

To: NicholasC who wrote (5130)	3/4/1998 2:04:00 AM
From: Al Chechatka	Read Replies (1) \| Respond to of 9068

Revenues in Europe are growing rapidly as well. Nicholas C Thank you for the info in your last 2 posts. It was invaluable for the Citrix Long Player such as myself. The audio interview on www.nasdaq.com I believe said that earnings growth rate from sales of Winframe in Europe is higher than that in the US. Granted, revenues 2 years ago in Europe were basically NIL. Now they are gearing up to push in SE Asia with their Austrailian HQ. What is really exciting about Citrix Winframe and pICAsso is it can sell its products even in a weak economy because of its economical windows solution. Asia will be a good test on that theory w/o impacting earnings, since Citrix has little earnings in SE Asia. Any earnings from that region will prove or disprove that economic statement made by the president in that interview. So if the sales in SE Asia are huge, other economic downturns in the world (which are inevitable) will not have a huge impact on the ability for Citrix to sell its products. Mike M, can you explain why you think Citrix will hit the low 30's or high 20's. I wonder how much of the trading now is day trading or panic selling or momentum players? Mr. Market does crazy things... Good companies can go down as we see, but if the fundamentals are good, the stock will make them go right back up. I agree it may go down to the low 30's short term. Open interest on the March 33 5/8 option is pretty high. I am sure the people writing them do not want to lose their stock at that price. Al C.