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


To: RANDY DAVIS who wrote (2205)5/3/1998 1:31:00 PM
From: Greg Jung  Respond to of 3014
 
Yes it is in a tight trading range, basically building a base
that it didn't have before. TM1 should be the win/lose product for them, they also have an office suite for Unix - Rod was going to buy one for his Linux system but he hasn't reported back on it.
The market has been chasing the larger stocks and I think when they begin to consolidate then applix will be picked up. Its a rather straightforward story, after all. So I think the break from this range will be up.
And it could certainly go to the "way overpriced" range if a TM1 system gets recognized as a serious alternative to an informix/oracle behemoth.

Greg