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: DD™ who wrote (1650)	7/26/1997 12:27:00 AM
From: Jeffrey L. Henken	of 3431

Thanks for the information. If I am not mistaken that fund has done awfully well. The only thing I felt was overdone was four upgrades in one day on Glenayre. I don't think the stock is anywhere near overvalued, just overbought. These analyst's previously downgraded the stock and lowered earnings expectations. Now GEMS beats estimates by one cent and now they upgrade. Happens all the time. I hope to see some retrenchment. Buy back what I sold and have something left over. Of course if Seligman and other mutual funds are buying more then forget that idea. Regards, Jeff

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