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: Willsgarden who wrote (1988)	9/19/1997 7:00:00 PM
From: Skeeter Bug	of 3431

bill, gems was a terrible covered call stock? why? it either went up or down and never stayed the same. everyone here who did that lost money compared to just holding since april. i bought inat $14 1/8 today. gems will be $20 in 6 months and i don't want to miss the ride up again. i'd suggest you buy 1/3 tomorrow - $13 and change is cheap! waiting for mot is also a good idea. if it goes down more then buy another 1/3 or 2/3. if gems doesn't warn this month, and i no longer think they will due to the recent calming statement by gems after mot's warning, they'll make estimates. people will forget about mot - at least for a while. the strong dollar is also a concern. bad for overseas sales. hey, gems could go to $8 again. at that point i'm loading up on calls!

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