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

To: Micawber who wrote (6377)	4/13/1999 12:20:00 AM
From: Al Chechatka	Read Replies (1) \| Respond to of 9068

I am not worried about the convertible. Until they use the money, it sits there collecting short term interest which pays basically pays the interest on the debt. When they use the money for the technology that they are buying, it will easily pay the debt payments or the increase future earnings greater than its stock dilution if the bonds are converted . Hasn't Citrix demonstrated that they add value with its products and acquisitions? The investment community is fickle. They hate uncertainty. Plus the whole enterprise software sector is down. The difference with Citrix with its convertible than the other convertibles mentioned by Putnam is cash-flow. Citrix is cash-flow positive. These other companies are bleeding money in order to get brand recognition and customers. Citrix's convertible is for something big. What ticks me off is these other companies are up 1000% in the last year while a real company, CTXS, is barely up at all from year ago levels. When the speculation ends and investing once again gains popularity, Citrix will head north. Al C.