Yes, the stock is weak with the application software sector. Yes, it appears to be wild guessing time, that was a nice 'pop'. APLX ever mkes any money the 'pop' will be sustainable. In addition to tax selling, there have been several buying points for profit taking, amounts to selling pressure, as always, these are the times to buy if one has the guts, and more importantly, a good feel for where their products will turn a $ in the '98 marketplace.
From the discussion, it's an 'interesting' nitch, and they do have products. I would like to see the downtrend decouple from the market before buying, or have more information (guessing fodder) before buying. |