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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: Skeeter Bug who wrote (1756)8/14/1997 9:37:00 PM
From: Jeffrey L. Henken   of 3431
 
I looked at PERI. Another one of Individual Investor's bad magic 25. I'm into ANET at 12 3/4's. Not a recommendation. I couldn't say for certain that there is any reason to believe that management will get revenues steadily increasing if the whole industry group is slowing. Book value is less than $5 and the stock is at $13? Seems like there is a similarity to GEMS alright. But it is to GEMS today and not back when it traded below $10. One thing could change my mind and make me want to take a risk. Insider buying. So far there is none. It could be the stock of the century or not. Who knows? Anyway glad to see your still around reading what's left of the old thread. I couldn't agree more on what you think it will take to get GEMS moving again. A buyout seems extremely remote to me. Actually I'm thinking of going long on Micron. Just kidding!!! Regards, Jeff
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