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: Kevin K. Spurway who wrote (1771)	8/25/1997 3:09:00 PM
From: Nutty Buddy	of 3431

I'm becoming concerned with GEMS nearterm potential. It seems that at current levels, the stock is fairly valued and only a better than expected earnings report will raise it from these levels. I think Skeeter recognized this and made a good move. Anything below expectations could cause more of a decline. The chart looks like the top formed three weeks ago and support has been broken. Intraday pricing wants to pull this price down. I fear something negative is about to happen (gut feeling). Time to pay Uncle Sam. :-(

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