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: Jeffrey L. Henken who wrote (1812)	9/3/1997 3:14:00 AM
From: Kevin K. Spurway	of 3431

OFF TOPIC: I bought ANET at 11 11/16's, thinking the stock would at least return to its pre-earnings range in the very short term, and hoping for a significant upside breakout soon after. I'm still waiting for the breakout, but I'm patient. When you're bottom fishing for out of favor techs, you need to at least be willing to hold on six quarters or so for a turnaround. Hopefully it won't take that long for ANET to come around, though. It held up well under market pressure the last couple of weeks (but maybe partially due to the stock buyback). I agree with you about X208, but at least his rumors make for interesting reading on the thread. I have to admit that I wouldn't be completely shocked to see a buyout happen, though. I think the industry is consolidating, ANET has excellent technology, and could benefit from a more sales and marketing oriented business strategy. Kevin

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