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: Amir Shalit who wrote (1417)	7/15/1997 12:28:00 AM
From: Mark A. Palma	of 3431

TO ALL GEMS FAITHFULLS!!!!!!!! We have had a nice run the last couple of weeks and there has been a little bit of profit taking the last couple of days, but don't worry GEMS is positioned very well and WILL GO UP! The fundamentals are strong and the TA looks great! We are forming a nice base here in the 18 range and should see a pop up to possibly the low 20's by the end of the week due to the recent anncouncements and earnings anticipation. I strongly beleive GEMS will beat earnings this quarter and we could see a move back to the 30 range by August! The key is not to sell to early and to let GEMS take us for a ride! I am long GEMS and got in around 14, but I will not sell until we hit that 30 - 40 range. GOOD LUCK TO ALL, and remember the key is patience! Mark A. Palma

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