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: Linda Kaplan who wrote (1626)	7/25/1997 10:33:00 AM
From: Jeffrey L. Henken	of 3431

Oh no Linda, you probably didn't miss a thing. Twenty was my original sell point. With yesterday's high volume I felt the stock was temporarily overbought. I also use analyst's upgrades as a sell signal. Why? Because we know they are merely reacting to news that is already out there. I hope to see the stock pull back below 18 or so where I'll buy back. If not I still think this is a $30 stock by year end. Keep your eyes open for any insider selling. With GEMS that might just signal that they too think the stock has gotten ahead of itself. Or maybe they want a new car or yacht. >G< Regards, Jeff

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