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

To: Cogito who wrote (6269)	3/24/1999 11:27:00 AM
From: mauser96	Respond to of 9068

Microsoft is not only a CTXS stockholder, it is the largest stockholder at 5.54 %. Four investment institutions also own over 5% each. In looking over SEC filings I came across the statement that MSFT is not bound to support ICA Protocol until 11/99 as is commonly thought. It can stop at any time "if certain events occur". " Certain events" weren't further defined. Meanwhile the technical picture is nasty - through support around 76 or so, through the 50 day moving average . All the gains since mid October are gone with the wind. The only good (?) news is that it's also through my own variety of Bollinger bands. I keep having the feeling that the institutions know what CTXS is up to and don't like it, but if this were the case the volume would probably be higher. I hope today's bounce isn't a dead cat one, up nearly 3 as I write this. Meanwhile CTXS is getting money cheap - zero coupon , 5.25 % interest.