StockIceMan.com

Elliott Wave - Market Report
 
 

StockIceMan's Weekly Stock Pick
Week of August 28, 2006


Stock: Applix, Inc.
Ticker Symbol: APLX - Nasdaq -  Software
Buy: 7.50 to 7.75
Sell: 11.00
Info: Applix, Inc. provides business performance management and business intelligence applications based on TM1 applications worldwide. Its product family consists of Applix TM1 platform and related business performance management modules. The company’s product family allows its customers to automate, analyze, and optimize their operational and analytical business processes. Its solutions include TM1 Financial Reporting, TM1 Consolidations, TM1 Planning Manager, and TM1 Web. The company’s products enable solutions, including interactive planning, budgeting, forecasting, and reporting applications; sales, marketing, supply chain and manufacturing, and other analyses; human resource planning applications; and dashboarding, scorecarding, and key performance indicators. It sells its products primarily through direct sales force and a network of value added resellers, as well as through original equipment manufacturers. Applix was incorporated in 1983 and is headquartered in Westborough, Massachusetts
Financial Info: For the six months ended 6/30/06, revenues increased 31% to $22.3 million. Net income from continuing operations increased 5% to $2.5 million.
Key Ratios: Current Ratio: 1.57, Total Debt/Equity: 0.227, Trailing P/E: 18.91x, Forward P/E: 16.62x,  Price/Book: 4.22, Price/Sales: 2.87
Share Info: There are 15.56 million shares outstanding with 13.25 million shares in the trading float. Institutions own approximately 36.90% of the shares outstanding. There have been 1 insider purchase totaling 10,000 shares and 0 insider sales in the last six months. Real-Time SEC Filings

As of 7/11/2006, there were 106,120 shares short.

Net Institutional Buying:  168,606 shares prior to latest quarter.
Articles: Applix to Present at Roth Capital Partners New York Conference

 
  The Financial Ad Trader
The Financial Ad Trader


© 2003 StockIceMan.com™. All rights reserved.