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Technology Stocks : Applix is back in action
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To: fibonacci who wrote (5)2/27/1996 6:49:00 PM
From: Magnifique   of 3014
 
Dear fibonacci,

This particular message group is devoted to APLX, who's P/E is 55,
and growth is well over 200%. I am not sure where did you get a P/E
of 539, and what stock are you talking about.

In regards to Ascend: It's an incredible stock, growing consistently
in triple-digit numbers. Any time you have a ratio of growth to P/E
that are equivalent to 2 to 1 or 3 to 1, you're dealing with a winner.
At this point, you're a little bit too late because ASND made a tremendous
move, and in the process split 3 times, 2 for 1. You have to find out
the support, and if you are still interested, buy the stock at support
prices on pullbacks. It still has tremendous potential. I hope I was able
to help.

--Magnifique
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