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Technology Stocks : Applix is back in action -- Ignore unavailable to you. Want to Upgrade?

To: tiger-lily who wrote (2933)	3/12/2000 11:31:00 PM
From: Thomas A Watson	Read Replies (2) \| Respond to of 3014

Well tiger, my portfolio is up 500% with my investments in Nine, aplx and sgi. A few ago anyone could have bought sgi less than nine and aplx at less than 14. Nine at less than .15. Now Nine is a great case study in how when a company get to a certain point in debt, the risk of failure starts increasing and the possibility of success gets more remote. In the case of nine in the end all the companies efforts were on raising operating capitol and not on selling and thus nine came to chapter 11. I traded nine extensively and made 100k and left 50k profit on the table. Aplx and SGI have bags of bucks and thus are no where near the risk of Nine. I'd also say that sgi and aplx have good stories to tell. So I'm expecting to make lots more bucks on both aplx and sgi. Indeed the technical pieces in sgi's story could with some good execution make it a qualcomm stock. Aplx has it's own tahiti scenario. I do not agree with your assessment about losing your butt because the game is for professional manipulators. But being a technical genius is no guarantee of success. Understanding why you are investing in a company I believe increases the likelihood of success. Tom Watson tosiwmee