Applix is back in action Message Board

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Technology Stocks : Applix is back in action

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To: John Ritter who wrote (2201)	5/2/1998 11:44:00 AM
From: Ahda	Read Replies (2) of 3014

ORLANDO, Fla.--(BUSINESS WIRE)--April 27, 1998-- Sales to SmithKline Beecham, British Airways, Ericsson, and more generate nearly double revenue from 1st quarter last year Applix, Inc. (NASDAQ:APLX - news), the leader in real-time online analytical processing (OLAP), today announced that its Applix TM1 product line generated its highest ever first quarter revenue for the quarter ending March 31, 1998. This record revenue is nearly double that generated in the first quarter of 1997. New customer acquisitions generated much of this revenue, including global 1000 customers such as British Airways, Ericsson, SmithKline Beecham, and others. Applix TM1 is a family of online analytical processing (OLAP) software products for real-time analytical processing and decision support. Is this stock being overlooked or am i reading something wrong? darleen

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