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


To: Yuan Xiang who wrote (1990)12/8/1997 3:43:00 PM
From: Winston Kim  Respond to of 3014
 
I say one...The market needs profit taking soon...I think it will start tomorrow...



To: Yuan Xiang who wrote (1990)12/8/1997 10:57:00 PM
From: scope  Read Replies (2) | Respond to of 3014
 
Well.That's what I thought about SYMT. I got out after 75% profit in 2 days. Now I'm kicking myself.
Momentum can last for a while. If you are in,don't blow it.



To: Yuan Xiang who wrote (1990)12/9/1997 12:14:00 AM
From: John Ritter  Respond to of 3014
 
Yuan,

Yes, I tracked the chart, seemed oversold, sometimes this means bad news but there seems to be some 'depth' to this company and their product. If in fact APLX does drift back to ten there is a potential for a fundamental recovery. I don't know what percentage of the float traded below ten, that might give us some idea of resistance and timing for further moves upward. The news of their product shows monitary potential, the rumor of a buyout only makes me believe the product(s) are winners. Generally speaking we would be better served if this company came back on track and was not bought. Companies are bought because they are worth more than the stock price.

John



To: Yuan Xiang who wrote (1990)12/10/1997 7:51:00 PM
From: Yuan Xiang  Read Replies (1) | Respond to of 3014
 
Short Interest on NASDAQ Stocks

Company Name Month Shares Short Avg Daily Volume S/A* Remark
APPLIX INC
11/97 318,006 166,839 1.91
10/97 461,613 169,863 2.72
09/97 478,328 509,603 0.94
08/97 627,607 281,124 2.23
* S/A = Shares Short / Avg Daily Volume; it may be used as a rough measure of days to cover.