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: TIM WORTHEN who wrote (1744)	8/8/1997 11:28:00 PM
From: Jeffrey L. Henken	of 3431

Gee Tim, you have a pretty jaded view of GEMS and probably the stockmarket in general. Good job, you should. But when insider's buy stock in their company it represents more than token confidence in the future of the company and it's stock. Would I put any stock in my retirement fund and just forget about it? No way. Certainly not GEMS. But it is a reasonably safe bet for the next 6 months. GEMS will see 30 by Christmas. I have no problem with insider selling when a stock is overvalued. GEMS last year at 40 or 50? Why shouldn't these guys make money. We want to make money don't we? They bought earlier this year between 9 and 15. With expectations for GEMS and paging in general so low it will be easy for Glenayre to continue beating earnings estimates. Regards, Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next