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: van wang who wrote (1708)	8/1/1997 12:17:00 PM
From: AKAPAK	of 3431

PAGE is fallen to about the bottom. Reference MTEL, same type of business, however somewhat a better balance sheet today. PAGE has the better potential - 9 mil customers! and growing daily! Voicenow investments will start tapering off soon as initial network is getting built out - 2/3 more quarters of rough road. I like to trade PAGE for now: Buy in quantity in lo 8's and then shift out high 8's or lo 9's. Range should stay awhile, until next earnings report. Expect same type of moves as most recent (up to 10 and then down the same day). Most funds have left since this is not a glamour producer now. Many WS houses are looking and eyeing for an oportunity for the turn. When high volume comes back (funds), street will buy will big appetite - huge run-up then. Qusetion is when - answer is ????

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