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 (1821)	9/4/1997 1:47:00 PM
From: lin huan chen	of 3431

Jeff: I had been buying GEMS from 10 to 18. However, I had been selling GEMS from 21 to 17 1/4. Right now I have only 600 shares left. I bought them because they were undervalued and MACD gave a buy signal. I sold them because they are not-so-undervalued and MACD gave a sell signal. Right now RSI and Stochastics (both are short term overbought or oversold indicators) have not shown oversold yet. l won't buy more GEMS until it shows sign of bottomimg. BTW, I followed your advice and bought ESST. Are you still in it or have you ever had them? Lin

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