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 (1811)	9/3/1997 1:11:00 AM
From: Jeffrey L. Henken	of 3431

Kevin, no news is simply no news. Like AMD was at 11 GEMS is simply between hot product cycles. Not much earnings growth expected quarter over quarter. However unlike AMD at 11, and ANET now, GEMS still is earning plenty of money. I agree that it is frustrating to watch as the stock flounders with no new business being announced. But I will tell you if it falls to 16 1/2 again I am buying more. Why? Because the stock simply is a great value play even at these levels. When did you buy ANET? I'm in at 12 3/4's, so it's not been real stellar for me. I do believe they are set up for a breakout. X208 is full of it though as he has no clue about any takeovers. Regards, Jeff

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