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


To: mauser96 who wrote (6236)3/22/1999 4:16:00 PM
From: Redman  Read Replies (2) | Respond to of 9068
 
Those were my thoughts over the last week. The only thing more ridiculous is to conduct an offering to raise cash from $190 million to $590 million, while simultaneously asking shareholders to increase authorized shares from 150 million to 400 million, when only 96 million will be outstanding in cash, AFTER the split. I do know something big is up, and it is a 95% probablility that Microsoft is involved, because who else would have ponied approximately 400 million for a convertible debt offering on this company.

Makes you wonder.

red



To: mauser96 who wrote (6236)3/22/1999 4:19:00 PM
From: cgstocks  Read Replies (1) | Respond to of 9068
 
Just last week a large partner of CTXS told me I may want to drop this stk, but with the split coming, I decided against selling!! There is definately something up......how healthy is the relationship between Microsoft and Citrix!! Watch what happens in next 18 months I am told!!! Have been long on Citrix for over 5 years!! maybe longer!!



To: mauser96 who wrote (6236)3/22/1999 4:54:00 PM
From: Al Chechatka  Read Replies (2) | Respond to of 9068
 
I think the market is creating a large buying opportunity with Citrix. I am hoping for another Tech correction and make it a larger buying opportunity.

The market generally doesn't like big acquisitions, since the bigger they are, the harder to digest.

Yeah, AOL acquiring NSCP for 9 billion and then going up 150% is tough to digest. Wrong! If it is a strategic buy, then the deal will make Citrix stronger in the long term. I think Citrix is smart by using cash as well as stock to acquire whatever they are to acquire. Instead of using just stock, they would be acting more like WCOM (one of the best acquiring companies of all time), than AOL (9 Billion for NSCP??? Nuff said!)

What would they want to buy? Is it completely ridiculous to think they might be in a deal with MSFT?

I would love to see a deal w/ MSFT, but that right now is just wishful thinking. Microsoft does not need any cash. So its highly unlikely that its with MSFT. However, Citrix is great at OS development. Maybe MSFT would buy in more, owning more than 50% of the company, (actually Citrix would pay for NT and its assets, MSFT would get more than 50% of the company along with cash ,which MSFT doesn't need) Citrix would develop the future of NT. Citrix would be a subsidary of MSFT to satisfy the DOJ. It is very doubtful it's going to happen like that, because NT is MSFT's life blood...but wouldn't it be great? It could be to just buy the TS piece of NT so that RDP would go away. Again, doubtful.

More likely, I think it could be for more video technology.

I would like to hear what other people think and opinions on what the hell Citrix could acquire.

Al C.



To: mauser96 who wrote (6236)3/22/1999 5:32:00 PM
From: mark bailey  Respond to of 9068
 
Lucius-Your point about some deal with Microsoft-possibly part of the "settlement" with DOJ might make some sense. That's almost the only way I can see a use for $300M in bonds and a huge increase in stock. However, you would thing you would see some insider buying at this point and you don't. That is not very comforting regardless of what the plan is.