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


To: Dale Baker who wrote (17650)3/12/1999 1:12:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Dale, unless CTXS is preparing for some big cash acquisition, the convertible makes no sense. Even if it were an acquisition, using stock would make more sense. The timing of the convertible makes me wonder if bad news is coming and they wanted to cash in the market cap while it is still high.