Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kashish King who wrote (1956)	11/27/1997 10:38:00 AM
From: Greg Jung	Read Replies (1) \| Respond to of 3014

Rod, I doubt whether eSuite has any relevance to Applix. Nor the NC. At this stage I'll reserve judgement on a pure-java useability but this is far removed from Applix-relevant issues. Applix is basically the one product, mostly based around a server-based data access. Java is used as interface tool to this. Maybe other things are included that may provide functionality similar to the office-packs, however I suspect it is used more as a sweetener rather than a main product. Lotus has been transformed from a struggling company to a struggling division with a bigger marketing department. For IBMers it may be the cat's pajamas, but it isn't helping the top line growth, much. As to Applix price, this is the fate of most companies with high volume high price at begin of year that get smacked down. The stock is being used as losses to balance tax bite of portfolios, and will be relentlessly sold for that purpose - 38% of the loss is taken by Uncle Sam. At some point it should find "a level" even against this market, at its lows it was generally available at about 4 1/4-1/2. If it maintains 5 well into December that may be the low. Greg