Glenayre Technologies(GEMS)- a pure cellular PCS play? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Linda Kaplan who wrote (1621)	7/25/1997 8:12:00 AM
From: Robert Northington	of 3431

A little background info on the paging and wireless industry. Apparently the companies in this group are beginning to receive inquiries from institutional investors again. With Motorola and ERICY doing well investors are looking up and down the food chain at the perpetual EBITDA stories. GEMS is obviously much higher up the chain and I would encourage all to at least stay in to your own degree of comfort. I have not done any serious work on the paging companies but if you were to find a couple of the busted paging companies you might find some future beneficiaries as institutional investors move down the chain. PAGE, APGR, PFNT have all been destroyed and it just might be overdone. If these are too dicey then look at ATI, VCELA the cellular companies. I still think GEMS is the best because they have E(earnings) and G(growth) and no D(debt). Try to avoid any pageing comps with large amounts of debt that is due in the next18 months. If you were a banker would you roll it over without new terms?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next