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

To: Riskmgmt who wrote (6263)	3/23/1999 4:13:00 PM
From: Redman	Read Replies (3) \| Respond to of 9068

While alot of the selloff today was in sympathy with the overall market, I would not have expected this big a drop. The company clearly needs to communicate its current direction and why they needed to increase cash 200% and shares authorized 167%. Valid questions, don't you think ? red

To: Riskmgmt who wrote (6263)	3/23/1999 4:28:00 PM
From: Al Chechatka	Read Replies (2) \| Respond to of 9068

Bought some today for my long term portfolio, I think with a market of 45 billion by 2002, even if its only half that 22.5 billion and Citrix gets 20% of the market share, that will give them revenues of 4.5 billion in 2002 which would contain a revenue growth rate of ~110% per year! There still are some unknowns, what the new money is for. Someone on Yahoo board mentioned Redhat. I thought of that since Citrix is a OS company. The only way they would buy them is to lower the sw cost for the "appliance" devices (.ie cellular phones wireless terminals) and to continue to lower its exposure to MSFT. I doubt this one more than Citrix buying technology from MSFT. Who knows what they have up there sleeve, but I know this, Citrix is committed to increasing shareholder value. Al C. - in at 68 5/8's

To: Riskmgmt who wrote (6263)	3/24/1999 5:08:00 PM
From: Scott Overholser	Read Replies (1) \| Respond to of 9068

ray - i didn't understand the link in the context of your comment - "no institutional selling." mutual funds are required by sec to report their activity twice per year. they can do it whenever they want so long as the two reports occur at least 6 months apart. any fund ownership changes will occur long before you and me learn of them. ctxs does have a pretty large fund sponsorship. one more thing about theories (as long as we're at it:) the computer-software-enterprise industry group (as ranked by ibd) has been performing poorly as of late. it has been dropping steadily for weeks. look at other stocks in the same industry group - they also exhibit weakness. movement of a stock's industry group is largely responsible for movement of the stock itself. it doesn't help that ctxs has taken on a load of debt either. that represents a claim on future earnings.