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 (2508)	2/1/1999 8:46:00 AM
From: Warren Whitney	Read Replies (2) of 3014

I guess, if in your opinion, when the price of APLX goes down it's caused by "the market" that's fine for you. I tend to give APLX investors more credit than that. I believe the price of APLX is determined by its recent performance and prospects for future earnings. If you check the history of this company, you will see that the recent earnings estimate of .12 for Q4, if it materializes, will be the biggest quarter since Q3 '96, when the price was in the 20's. I think the company has turned the corner. But at the moment "the market" is up, so I presume you are looking for another trip downward.

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