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Technology Stocks : Applix is back in action

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To: Mahmoud Hussein who wrote (1903)10/21/1997 9:32:00 PM
From: JAG  Read Replies (1) of 3014
 
I give the Company credit for bringing expenses under control, showing revenue growth over most recent quarter, and beating analysts EPS estimates. Another factor to consider is that almost 50% of the Company's revenues are outside the U.S. and it is most likely that the strong dollar hurt revenue growth in the current quarter. With expenses under control, revenue growth over last quarter, management stating trend is favorable, and good reviews on product, this should bode well for the Company in the future.

If the Company gives analysts good forward looking statements, we might be in for an ungrade in the near future.
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