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: Skeeter Bug who wrote (1882)9/11/1997 11:48:00 AM
From: jim detwiler   of 3431
 
Preferred Tech said something along these lines
Conclusion: The sale of the division
will provide a large one time profit and a reduction in future earnings.
They expect to make some minor earnings reductions near term and significantly enhance estimates long term. The move is revenue neutral, $35-40 M annually. The acquired businesses are growing 50-100% and have lower margins than the business being sold which is growing at 10% or so. The overall aggressive approach reinforces our strong positive view of the company and its prospects and they are maintaining their Strong Buy rating and raising the $23 price target to $25.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News