Applix is back in action Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Applix is back in action

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JAG who wrote (1902)	10/21/1997 11:13:00 PM
From: Greg Jung	Read Replies (1) of 3014

JAG, << Althought I am not happy that sales are down for the June 1997 quarter to the June 1996 quarter >> In June 1996 the stock sold for $30 or so. I'll take a 1/3 price bargain for an 8% decrease, anyday. I think the buyers that came in in the $4-$10 level will be happy with what they got. For another broken software stock, I noticed Forte broke down again on upcoming earnings. Its hard to gauge these software companies - it may be almost like biotechs with a more gullible collection of investors, some will hit with a truly remarkable growth product and most will just stumble along. How much more price Applix can recover I have no idea, I don't know how much of earlier pricing was overdone. Also unclear is how much growth potential the company has beyond the current products: I suspect if it gets too successful it will be bought out, anyway, so I'll worry about that later. Greg

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next