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

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To: Rob Wachowsky who wrote (3365)4/27/2001 4:41:31 PM
From: im a survivor  Read Replies (1) of 3431
 
What makes you think this stock wont make it....many companies have been hurt the last year. GEMS continues to land big contracts, work deals with folks like qcom and etc.....

I don;t think anybody expects an overnight turnaround, but certainly, they seem to be making the right moves.

Additionally, I notice Doggette, who already has plenty of stock, purchased some...50,000 shares I believe, on the open market, just this past March....seems like being head of the company, he must think the current price represents an undervalued investement and therfor a good one, and he must feel good about the future prospects of his company, or why blow $125k, if you didnt feel good about your future?

Anyway, it may take time, but gems could be a big % gainer once the economy picks back up, and wireless kicks in full gear....this company has alot on it's plate...been around for 35= years and has long standing good relationships all over the world.

Have a good weekend
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