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

To: lnkennedy who wrote (6247)	3/22/1999 9:33:00 PM
From: Mike Buckley	Read Replies (2) \| Respond to of 9068

Other possibilities for acquisition targets include the network management and storage business. I'm not at all perturbed about the recent decline in the price of the stock. Even with all the uncertainty about the company's future, the stock is still up about 80% from year-ago levels. In my mind, the decision to stick with the stock is a decision about management. Since we can't figure out what the heck the company is about to do with their newly found dollars and shares of stock, we have to choose between staying the course based on management's track record or hitting the sidelines until finding out what management has in mind. Relative to short-term thinking, I can see why people have dumped the stock. Relative to long-term thinking, now is a dangerous time to sell because the right press release about management's intentions could send the stock up 25% or more in a day. I do agree that the scariest part of the scenario is that someone, probably a lot of someones, knows something the public doesn't. I've been burned in the past in that situation and it isn't fun. But in those situations I've been burned, the big-picture story was not nearly as big as the one attached to Citrix's core competency. Just my thinking. --Mike Buckley