To: Thomas A Watson who wrote (2903 ) 12/24/1999 12:32:00 AM From: Thomas A Watson Read Replies (1) | Respond to of 3014
Well if this post post from yahoo may be telling. I know the rooster personally. His imput not gauranteed but has been reliable in the past. by: roosterly 12/22/99 8:40 pm Msg: 10309 of 10382 Technical support, professionally speaking. The big cheese pro told me the support for Applix was at $17, My own take is at 17 3/8( my post 10230). We are always talking close and not intraday. What does that mean, I say that because some of you having accepted support level but had taken the wrong action. A pro would buy the stock close to the support and will sell if support is broken. I need a tap on my back which I just gave one to myself. My 17 3/8 was so far right on the money, and it held. Corel brok it's support and I would not touch it. When people first started promoting Corel here I came out against the stock and my reasoning was that, Corel is a large business with sick core. A $4 or $5 million Linux sales will not fix their ills. A $4 million Linux sales on the other hand will put 10 cents to the Applix bottom line. Corel management has had a bad and dishonest track record, and as a rule I stay away from a management I can not trust. Redhat is undoubtedly over priced, I almost shorted it yesterday, the only reason I did not, I thought market can act insane for a long time. The Papers writeup about Redhat valuation problem was obviously a contributor to the fall off. What about Applix? Applix with God's willing, if you do believe in him, will report a 12 cents earning this quarter. This should turn a lot of head toward Applix as the only Linux stock with reasonable valuation and prospects, and earnings. Applix should pick up analyst support soon, Applix should do some form of Spin off or IPO soon, Applix should make some sort of portal alliance with big boys soon. Conlusion, buy Applix here and put a stop loss at what you are comfortable as a maximum loss but not too close to the buy as you do not want to be whipsawed. I have not bought Applix for long time , but, I may push a few buttons if I can get the price I want. Rooster Now if 12 turns out to be correct it a 20% earning suprise. Not quite as large of course as corl's??? hmmm was that a warning of a 220% supprise. Tom Watson tosiwmee And for the brave Tom talks stocks watman.com this is raw ramble