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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: Linda Kaplan who wrote (1904)9/12/1997 12:11:00 PM
From: Jeffrey L. Henken   of 3431
 
OFF TOPIC:

The insider picture at PAGE is considered neutral for now. There was one insider buying well above and below these levels. But it has been a while. As you might suspect the insider picture at GEMS is now neutral too. I see PAGE is now at 11. It has great support at 9 7/8's so anything slightly above that would be a buy. I have an limit order in for GEMS today at 14 1/2. It probably will not fill. But by Monday such a day order just might work. It's impossible to say for sure whether the stock will hold here. GEMS will definitely have troubles meeting earnings estimates the next couple of quarters. If you reread the posts that I forced out of Jim Detwiler you will see that more short term pain is coming but long term the stock is still a strong buy with a price prediction of 23 to 25. Regards, Jeff

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