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: van wang who wrote (2044)	9/27/1997 12:22:00 AM
From: Jeffrey L. Henken	of 3431

No problem Van on the mostly off topic discussion. This is a pretty friendly thread. Except for that one time when Jim Detwiler and I got a little surly. Fair market values are such a such a hoot. But when it comes to finding a decent turnaround like videoconferencing I think you would be safe to buy if you are willing to be patient. Hell isn't that what we are doing with GEMS now? I would like to see some insider buying but sectors can and do turnaround all the time without any. That's why I am in ASND now. Early on as an investor I requested a book from the NASDAQ that gave me all the company addresses and yearly prices for the stocks listed there. Guess what I found? Stocks that closed at or near yearly highs one year usually fell the next. Conversely the opposite was true as well. So how can I find fault with buy low sell high? Unfortunately it can take a while for the recovery. It will happen with almost any sector. Even videoconferencing. I'll take a look at PCTL myself. Regards, Jeff

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