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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Adelle who wrote (34894)	4/19/1999 5:12:00 PM
From: briskit	Read Replies (2) \| Respond to of 120523

Can someone do some comparison to the August/October point drops and see how the market acted then? This market seems to have distinctives that longer watchers might identify. Money is moving between sectors, etc. Did that occur last time also? This is actually the 3rd or 4th day of hi-tech and net selling, isn't it? Seems like I remember a lot of red a couple days last week also. Nasdaq closed at 2345, which seems to me to be below the support of its last 3 or 4 distincitive lows since November. 2400 would have been right at that support line. Any ideas as to the relevance of this if it is true?

To: Adelle who wrote (34894)	4/19/1999 5:12:00 PM
From: Adelle	Respond to of 120523

CTXS Monday April 19, 4:48 pm Eastern Time Citrix Systems Q1 net rises FORT LAUDERDALE, Fla., April 19 (Reuters) - CITRIX SYSTEMS INC. Condensed Consolidated Statements of Income (In thousands, except per share data - unaudited) Three Mos Ended Three Mos Ended Mar 31, 1999 Mar 31, 1998 Net revenues $85,039 $49,302 Cost of goods sold 4,522 4,849 Gross margin 80,517 44,453 Operating expenses: Research and development 8,406 3,278 Sales, marketing and support 24,769 14,888 General and administrative 6,410 3,705 Amortization of intangibles 3,778 774 In-process research and development -- 5,284 Total operating expenses 43,363 27,929 Operating income 37,154 16,524 Other income, net 3,109 2,659 Income before income taxes 40,263 19,183 Income taxes 14,495 6,906 Net income 25,768 12,277 Net income per share -- diluted 0.28 0.14 Weighted average shares outstanding 93,682 89,616 Adjusted net income 28,186 16,154 Adjusted net income per share - diluted 0.30 0.18 Note: The above presentation of adjusted net income and adjusted net income per share has been adjusted to exclude the pre-tax effects of acquired in-process research and development of about $5.3 million for the three months ended March 31, 1998 and amortization of intangible assets acquired from purchase business combinations and licenses of about $3.8 million for the three months ended March 31, 1999 and $0.8 million for the three months ended March 31, 1998. More Quotes and News: Citrix Systems Inc (Nasdaq:CTXS - news) Related News Categories: US Market News Help Copyright © 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. See our Important Disclaimers and Legal Information.

To: Adelle who wrote (34894)	4/19/1999 5:16:00 PM
From: Ryan Mak	Respond to of 120523

USWB ... you are correct Adelle. They did made $0.13 and beat estimates of $0.08.