I never stopped watching APLX
Dear Lucas,
I am sincerely glad that you're one of those who managed to keep APLX and add to your position from the moment this message group was initiated. As the stock continued to prove itself as a major beneficiary of UNIX-based application products, where it carved a substantial niche, rapidly became profitable, and is now becoming recognized and accumulated by funds and institutions. As the Dow-Jones wire wrote recently, APLX products will be shortly introduced through the Internet, accomodating the Java language.
Last Sunday, it was favorably mentioned in the business section of The New York Times, by the money manager who is accumulating shares of the company.
In response to your question regarding new contracts:
I cannot give you the size of them, but the company contracted with Erikson Telecom as well as most recently with NASDAQ. The acquisition of Target System Corp. and substantial growth in licensing revenues will continue to push earnings up impressively. At the present moment, APLX is working on new contracts in insurance, as well as the telecommunications industry.
The stock is undergoing healthy backing and filling, and is certainly refusing to join the high-tech selloff that is underway again. Its support is in the 36-37 area, and resistance is in the 41 3/4 range. As long as you're such a devoted follower, share with us your love and information. Don't just observe and think that we either care a lot, or ignore a lot. APLX will continue to grow at 40+% annually, and certainly is one of the brightest stars of the horizon, both short and long term. Good luck trading it.
--Magnifique |
