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: Jeffrey L. Henken who wrote (1512)	7/22/1997 11:07:00 AM
From: Skeeter Bug	of 3431

jeff, i get the feeling that gems doesn't leak information based upon last q's stock slide prior to a decent eps report. ie, nobody knew that eps would be ok. UNLESS people trade based upon inside information then very little can be made of pre earnings trading. check out mdli's old chart. their price tanked from $22 to $17 about one week before they were bought out at $32. it was hard to hold on but i'm glad i did ;-) you'll see $0.23 - $.25 eps (leo's expectation of 20% q to q rev growth is too aggressive, imho). this could put us over $20. a bullish forecast and conference call could put us in the mid $20s. i believe they posted $0.24 last q minus $0.02 in special charges. good luck all :-)

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