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

To: Marconi who wrote (6363)	4/7/1999 3:27:00 PM
From: Redman	Respond to of 9068

Over 11 million shares traded !! I would have to say the day traders got ahold of this one today. Now then, lets see if we can get a big short cover into the close. red

To: Marconi who wrote (6363)	4/7/1999 4:48:00 PM
From: David Perfette	Read Replies (2) \| Respond to of 9068

Having been the sad unfortunate owner of several software co's to be hammered in recent weeks, it seems to me that there is significantly more downward potential then up. It doesn't seem to matter what kind of software, they all seem to be getting rocked. If anyone knows of a software co. doing well for this qtr and looking to continue to do well, other then msft, I'd love to hear it. I sold a few days ago, simply because of momentum in the industry. I am not a techie type( though I am trying to learn), so my evaluation of CTXS is more from the business side, growth, revs, risk etc. Basically the research I have done says that CTXS looks great, but in this market where a whisper, rumor, earnings cut, downgrade and warning can lead to 20%, 20% and 50% sequential whacks, generaly speaking,(see neta and savly to name a few), I'm not seeing a lot of reward potential for the amount of risk being taken. I think many people like myself do not have a significant tech background and have to rely heavily on analyst reports and research, when that fails, they could quite likely be more easily swayed by the overall condition and momentum of the software market. I'll be looking to buy either after earnings report or a huge move downward. Just my humble opinion.