Applix is back in action Message Board

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Technology Stocks : Applix is back in action

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To: Thomas A Watson who wrote (2871)	11/27/1999 4:18:00 PM
From: puborectalis	of 3014

Investor's Business Daily......borrowed from Yahoo thread...... by: guido_xiii (59/M/MA) 11/27/1999 10:09 am EST Msg: 8537 of 8546 From IBD MOnday 29Nov Issue, Page B8: "Applix, whose front-office software products aim to help managers make better decisions and forge stronger ties with customers, jumped 4 7/8 to 20 7/8, extending Wednesday's breakout from a 13 week base." Also IBD now has APLX at a 99 Relative Strength Rating! I see this breakout as real this time as opposed to the hype spike in August. APLX has made steady price progress on good volume since the reaction lows at 9+. ALL technical indicators are in bullish positions now. Barring a major collapse of the NASDAQ (which I don't see happeneing anytime soon)my guess is that APLX over the coming weeks and months will challange and exceed its all time highs (closing high of 39 3/4, Feb96 and intraday high of 51 1/4 in Dec95. This will not happen without interim corrections which should make APLX a very interesting trading stock as well. Congratulations to all who held on through it all or bought more in the correction cycle. In all the euphoria, however, never lose sight of the fact that profits are only made when your position(s) are closed. It is wise to be thinking of sound exit strategies. Good luck to all!!

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