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


To: Thomas A Watson who wrote (2217)6/2/1998 2:09:00 PM
From: Jennifer Kelly  Read Replies (1) | Respond to of 3014
 
About a year ago, I paid attention to this stock as it crashed from almost $40 to below $4. My analysis (post #1304) was that Applix had no new growth product sufficient to offset its dying main product, and that it would be lucky to break even in the short term and lucky to stay alive in the longer term.

I was right, so right that I missed out on a 250% stock gain from last May to September.

Today, Applix is below $4 again. My analysis is the same, except that now Microsoft is invading their OLAP turf. So I'm serious -- isn't this a buying opportunity?