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


To: NicholasC who wrote (5585)4/28/1998 9:55:00 AM
From: Al Chechatka  Read Replies (1) | Respond to of 9068
 
The whole market went up from ~2:30 or 3:00 to the close not just Citrix. It is just Mr. Market doin' its thing. There is no real reason why the stock should have gone down at all yesterday. They have no debt and are not going to borrow so interest rates won't hurt them. Dollar going down may help international sales which are up strong already, but still has HUGE room left. Companies looking to cut costs in the future with this "higher interest rate" will look for less expensive solutions- again Citrix fits in. The only thing that concerns me is Terminal Server in the future will be "just good enough" where you do not need ICA.

Al C.