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

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To: jim detwiler who wrote (1295)6/27/1997 10:30:00 AM
From: dave shefsky   of 3431
 
Jim,

Thats a nice release. An earnings surprise would certainly boost the price. It would be even nicer if Oppenheimer upgraded it. That would give us a boost and then maybe some others would join in. As long as Gems doesn't put out a warning, I think we will be in good shape. A good earnings report next month could push us into the upper teens or low 20's. Any other opinions on where we are going and when. There is a lot of optimism on the thread out there. Is there anything we are overlooking that could derail the momentum. Briefing.com is hinting that we could have a correction if earnings don't exceed expectations. I like Gems momentum and hope it keeps going!!!
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