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

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To: Sultan who wrote (3222)12/7/1999 1:30:00 PM
From: tekboy   of 3431
 
I'm a new GEMS investor. Heard about it from a friend in the sector over Thanksgiving; he argued that it was a screaming value buy, given its low price and good fundamentals. I glanced at it but didn't bite; then the analyst report said essentially similar stuff and caused a 45% spike up. I glumly thanked my friend for the tip but confessed I had missed the run-up; he said he thought it was still a great value play. So I decided to gamble a bit and bought in just over 7 last Thursday. Curious to know what people think the short, mid, and longterm prospects are...

tekboy
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