Glenayre Technologies(GEMS)- a pure cellular PCS play? Message Board

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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: yard_man who wrote (1426)	7/16/1997 2:21:00 PM
From: John Basten	of 3431

Glenayre Technologies Gets Sands Brothers Initial Coverage Dow Jones Online News, Wednesday, July 16, 1997 at 13:00 NEW YORK -(Dow Jones)- Sands Brothers & Co. initiated coverage of Glenayre Technologies Inc. (GEMS) with a "speculative buy" rating. In a research note, the firm estimated the company will earn 91 cents a share in 1997 and $1.17 in 1998. Glenayre Technologies makes telecommunications equipment and related software. Its shares were trading late Wednesday morning at $18.75, up $0.25 or 1.4%, on volume of 231,000. Copyright (c) 1997 Dow Jones & Company, Inc. All Rights Reserved.

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