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 (1627)	7/25/1997 3:16:00 PM
From: viggy vig	of 3431

Jeffrey, I am disappointed that you sold half your position. You may get lucky if GEMS takes a dip, but I beleive you wlll regret not maintiaining a larger position. As I mentioned in an earlier post, the stock is fundamentally and technically sound. I have been following many of the earnings upgrades this year in the technology sector i.e. ibm, intc, msft, dell. The market has met those price targets in short order. So I disagree that one should sell on an upgrade. The key, as you have always maintained, is insider trading. The insiders know this stock has a long way to go. I agree with your prediction of $30 by the end of the year. Gems is a gem!

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