To: Redman who wrote (6392 ) 4/17/1999 10:58:00 AM From: Al Chechatka Read Replies (2) | Respond to of 9068
They are also working on Video technology which will streamline ALOT better then any products out there. The video technology that you speaking of, where did you get that information. Has Citrix made an announcement about it or did you see this technology. Will it compete with Real Networks. If they announce it soon, maybe it will have a Internet run-up before the Internet Bubble bursts.Personal note on trading CTXS I am probably going to buy some Sept or Dec 30 Calls on Monday (I think the Decembers get priced on Monday). What is nice about these is if we have a huge run-up in the stock, I can exercise the options as soon as the options and stock are going up dollar for dollar. Since I will be exercising, the premium will not matter much and if I am wrong, there is plenty of time to get out of the options. BTW, I have been trading CTXS in a few Roths(not mine, I can't have one). I put in last April and doubled the money in a year. I just wish my past day trading was that good (only made 10% after taxes...DEFINATELY NOT WORTH IT). My goal is to get 25% to 35% of my long term stock portfolio into CTXS again. Just hold it...no covered calls, if you believe in the long term prospects of this company, it may go up 100%, then fall 55%, go up 125% etc. I will also have 10% of my portfolio for the trading so I can buy on the dips and sell close to the peaks. The government likes me for that. The only way I will change my mind is if I feel that the money they just borrowed went into something negative (which is highly unlikely). There is not many companies that have huge growth rates year after year. There are uncertainties out there, but remember that it's earnings that make a company's stock rise. Even if a huge crash happens, Citrix will bounce back. How many of you would have liked to own MSFT the day before the Oct crash of '87? That is the way you have to think of good companies like Citrix. Al C.