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


To: Redman who wrote (6194)3/11/1999 2:54:00 PM
From: rtalley55  Read Replies (1) | Respond to of 9068
 
FWIW: Given CTXS' patterns, I expected a loss of about 4 points today after the recent runup. It just seemed healthy and normal for some profit taking and for it to base for another run up. I have to admit that the magnitude and volume seem a bit unsettling. If in doubt, I may be better off just trusting in CTXS.



To: Redman who wrote (6194)3/11/1999 4:21:00 PM
From: mauser96  Respond to of 9068
 
Time will tell us why they did it. Perhaps they want to buy some company that insists on a cash payment. As I mentioned, for a large acquisition a company the size of CTXS doesn't have the "stock as good as money" criteria of a large cap like CSCO. Also, CTXS management has never shown any great skill or interest in manipulating analysts or short term stock prices. I hope they know what they are doing...
Generally, the market looks with more favor on the company being acquired than it does the purchaser. This makes sense since the company being purchased knows more than the acquirer. Sort of like selling a used car. Either the market is anticipating this, or regards borrowing by a tech company as a sign of weakness. Who knows..