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 (1972)	12/3/1997 1:52:00 PM
From: JAG	Read Replies (1) of 3014

I have not posted here in a while, but have been following the thread. I could not resist picking up additional shares at $5. Cash flow is positive, no debt, and cash per share is 1/3 of stock price. The Company value is also excellent in terms of sales per sale/price per share. Be patient. Note that the Company made an anouncement today. Note that the news was not negative. If they had bad news, I'm sure it would have been disclosed in the press release. I suspect weakness is due to the following factors 1. tax loss selling. 2. weakness in other techs. Don't be afraid to buy at these levels because with no debt and cash on balance sheet, the downside risk is minimal.

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