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: Rob Wachowsky who wrote (3403)	5/17/2001 11:27:19 AM
From: Skeeter Bug	Read Replies (1) of 3431

>>I'm afraid sales in Minnesota are not going to save this company. The institutional investors are voting and the fact is they are all bailing out. What does that tell you?<< david, institutional investors bought stocks to irrational bubble levels. you still want to use them as a "guide" for good investments? good luck! ;-) gems is not a play on past or current revenues. it is a play on future revs and earnings. their new product appears to have a very viable market. wouldn't you like your child to have a "panic button" that automatically located them in case of an emergency? that is where the tech is going and i don't think many parents would say "no." it is also a no brainer for many businesses. a company called lojack competes in the auto / trucking industry so that situation has to be analyzed. but to write off gems b/c fund managers have been selling is silly. that would only guarantee a person would buy high and sell low! don't believe the hype, but don't arbitrarily dismiss a potential opportunity fore silly reasons.

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