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Technology Stocks : Applix is back in action

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To: Jim Furley who wrote (2789)8/30/1999 11:48:00 AM
From: Bretsky  Read Replies (1) of 3014
 
A little news for you; congrads on this one !! I thought of joining the party today, but you know what happens when I join stocks in the midst of a run so I thought I'd let you keep making $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ CONGRADS.

Applix shares continue to soar on Linux hopes
Monday, August 30, 1999 10:47 AM Mail this article to a friend

NEW YORK, Aug 30 (Reuters) - Shares of Applix Inc. (Nasdaq:APLX) , a maker of Java-based business software, soared for a second straight trading session Monday amid Internet chat-room speculation that the company is poised to become a darling of the trendy Linux software movement, analysts said.

Westboro, Mass.-based Applix was the most active issue on the Nasdaq stock market in morning dealings, gaining $4.50, or 27 percent, to $21 on volume of more than 5.6 million shares. The stock gained $6.50 on Friday to close at $16.50.

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