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: JakeStraw who wrote (3203)	10/5/1999 1:11:00 AM
From: 4finger	Read Replies (1) of 3431

$36-38MM for Western Multiplex. I'm glad to see the cash injection, but I must confess I feel a tinge of remorse at seeing someone pick up Tsunami for dirt. For what it's worth, I'm impressed with Dogget's apparent decisiveness. I think he has done what is necessary to give this puppy a chance. I'd like to get an update on cash burn at the new lean and mean GEMS to see how long the fuse is. My recollection is that the WM transaction combined with cash on hand buys around 24 months. Anyone have a feel for the Handspring /Visor deal?

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