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

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To: Linda Kaplan who wrote (1331)7/9/1997 12:05:00 PM
From: Jeffrey L. Henken   of 3431
 
Linda, let your winners run! GEMS is going to make you happy if you do. The paging industry is simply going through a transitional period as newer products take over. Glenayre will get it's fair share of business. Look at the momemtum this stock is gathering. The PE is still low and business is expanding overseas. The US market will improve when the new products become irresistable to who use pagers on a daily basis. Sell the losers! Look for value and insider buying on companies like GEMS. Then all you have to do is watch for the expanding PE and insider selling. What have we got now? Analyst's making statement like: "I'm not ready to issue a buy recomendation but it looks like things are improving for Glenayre???" DUH.... That's pretty obvious. Anyway with both MOT and AMD up today. All I can say is that while you can never really predict the future of the market or even an individual issue...the trend is up here and the volume is still low enough that I'm not worried about any reversal. Regards, Jeff
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