Applix is back in action Message Board

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Technology Stocks : Applix is back in action

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To: Agenda who wrote (1954)	11/28/1997 5:40:00 PM
From: Stephen M. DeMoss	Read Replies (2) of 3014

Jduffy, I am sorry for your pain. I went through this with aplx earlier this year and it cost me almost everything. I finally got it all back after working day and night. I first bought at 17, more at 15, 14, 12. Then it went to 7 and I lost about 40,000 and stopped myself out. When it went below 4 I bought back in. Sold calls for 2 months and it was taken from me at 5. In frustration I watched it move to 12 and now back. I was on margin and that is what killed me mostly. My guess is that without news, the stock will retest the lows of 3-4. I hope it does not happen but with tax selling, it could. For me it would be a speculative buy below 5, but a buy. I wish you the best because I know how painful it can be when all eggs or most are in one basket. Steve D.

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