CTXS may be in play tomorrow

whodi · #1 08-15-2007, 10:43 PM

In a sign of the growing enthusiasm for computer virtualization technology, Citrix Systems Inc. agreed to buy XenSource Inc., a tiny California software developer for $500 million in cash and stock. I am curious to see if CTXS gaps up on the open and I will be watching EMC because that just added more competition for them.

http://online.wsj.com/article/SB1187...oo_hs&ru=yahoo

This may also bring the new IPO VMW down further as well for another short opportunity. Will wait and see.

CTXS looks like a great pickup here at these levels anyway. It has been dropping lately and is sitting at its SMA200. Average volume is 3mill and it doubled that today, so obviously the info leaked about the buying of XenSource. If it doesn't gap up to much, may present a great opportunity. If it does gap up, then I will say FORGET ABOUT IT.

http://finance.yahoo.com/charts#char...urce=undefined

KellosJ · #2 08-17-2007, 08:53 AM

Bump....price rose early and is now at 31.60 range....buybuyuybuybuybuybuybuybubyuybuy..IMHO... whats you think you sir?

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