SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wuihan Cheah who wrote (1870)9/10/1997 6:00:00 PM
From: Jeffrey L. Henken   of 3431
 
I know it sounds like I am talking out of both sides of my mouth but I agree with you. I am holding GEMS as a longer term investment myself. I am planning on buying more. I was only attempting to come up with a possible explanation for the retrenchment of the stock today. Lot's of people might sell with the news released over the last two days. How about someone who is in the stock because of the microwave business? Why hold on to GEMS any longer.

Until recently GEMS was my largest holding. That is when it traded above 18. Now I am looking for a bottom to buy more. I like the diection the company is headed in and believe we really will see 25 by January. But why buy more shares at 16 7/16's if I can have them at 15? Until GEMS can show sustainable quarter over quarter growth the stock will remain very volatile. Regards, Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext