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 (1767)	8/19/1997 2:18:00 PM
From: Jeffrey L. Henken	of 3431

Thanks for taking the time to reply. I must have spent three hours checking out the insider buying posted at the Insider Trader site last weekend. I never found a single stock I wanted to buy. They were all so over extended from the insider buy point or so valueless on book value and current earnings basis that I couldn't stomach the potential risk. I could definitely get behind one of your picks if there was some decent insider buying there to reduce the risk. I have followed ODSI off and on throughout the last few years. Hopefully they will start making money again with new products. Hey how about a steel tubing company(water heaters)? Webco, symbol WEB. Selling right around book value. Several insiders just bought more shares last month. Not exactly our cup of tea but it is sure getting hard to find a value play in this market. Here is a link to the insider buys. It will only work today. I sure would like to see a press release from GEMS positive enough to get our stock moving again. Regards, Jeff bloomberg.com

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