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Technology Stocks : Applix is back in action
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To: Sonki who wrote (2790)8/30/1999 11:36:00 AM
From: Charles Tutt  Read Replies (1) of 3014
 
I don't know. I just wish I had back the shares I sold Friday near the close. But I've got back nearly all the money I put in and still have most of my position, so I can't complain.

Somebody here tried to attribute this move to the Burlington announcement, but that's over two weeks old. Somebody else attributed it to a favorable comment by Maria Bartiromo.

Perhaps it's the (relatively) small float and speculation that somebody will come along and take them out like what Sun is reportedly doing with Star Division. Of course, by now the move probably has a life of its own. I think the volume is about half the outstanding shares already today.

Edit: not half -- more like 100% turnover already, and it's not even noon.

JMHO.
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