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: Shinobi who wrote (1439)	7/17/1997 4:07:00 AM
From: FIFO_kid2	of 3431

According to the information I was able to gather, GEMS will be releasing their earnings on July 23. Regarding the recent increase on the short term price of GEMS to 27 if you look at the chart of GEMS the price will encounter resistance at 27 ( the highest price that was attained during the initial gap down when it began its dramatic fall beginning last year). Assuming GEMS does not dramatically improve their fundamentals I am looking for 27 as a maximum potential value.

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