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

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To: van wang who wrote (1806)9/2/1997 6:34:00 PM
From: Jeffrey L. Henken   of 3431
 
OFF TOPIC:

Well I already posted some of my thoughts over there on the ASND thread today. When the posting at SI gets that negative you know the correction is very nearly over. People are talking about a complete breakdown. It hasn't happened yet. I wouldn't want an option position, however. I was looking through my copy of IBD yesterday and noticed that mutual funds have indeed been selling their holdings in ASND in massive amounts. Do they know something we don't? Doubtful. They simply don't want to have that big loser showing up in their portfolio. It's going to take a while before things turn around, but they will. When things do turn around ASND today will look like MU did at 16. No one wanted to touch it but it sure was a great buy back then. Right Skeeter? Regards, Jeff
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