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


To: Ahda who wrote (2204)5/2/1998 11:02:00 PM
From: RANDY DAVIS  Read Replies (1) | Respond to of 3014
 
APLX - I bought this stock Friday as a short term TA trade based on short term trend reversal. The more I look at its fundamentals, the more I think it may be a good long term candidate. Does anyone have any opinions about this. Is the stock due to return to old highs. Does anyone who post here know the company or hard facts as to company future. ? Is it going in the tank or is future bright. Financials look good to me. Why is the stock this low. Looks as though it ought to be at least in $ 10 to $ 20 range on low side.

Any thoughts.



To: Ahda who wrote (2204)5/3/1998 7:16:00 PM
From: Thomas A Watson  Read Replies (2) | Respond to of 3014
 
Recent history, Price was bid up to 7 anticipating higher surprise earnings, my guess. Support price of 5.5 may hold. but between earnings price could dip. Stock trades at low volumes.

I use aplix office suite an figure since it's included, well sold as an add-on with redhat linux and since currently there are 7.5 million linux users now and since both my kids attending engineering university and linux seems to popular on campus, I figure applix has a backdoor exposure into more an more new companies. I don't know if selling the office suite will generate a lot of revenue, (my guess is it's low margin) but people will have heard of applix. Applix office suite is not bad but it's not microsoft office.

If it drops to 5, I'll get another 5000 to sell at 6.

REMEMBER .0( {--;-) AN intEl processor is a terrible thing to infect with a borg virus. Unless it's in a system build by SGI.