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: The Perfect Hedge who wrote (2095)10/13/1997 10:23:00 PM
From: Jeffrey L. Henken   of 3431
 
OFF TOPIC:

I think the company will continue to be well covered by the national media. The major reason is that there is a real need for a disinfectant method that will reduce the possibility of E Coli infections from tainted meat. They also have a novel new polymer which I believe is extremely strong, lightweight and heat resistant that could be used in the aerospace industry. This stock is hot. Will it continue on higher. I don't know for sure but if the technology is as good as they say eventually it will go higher still. At this point as I said it is well over 200% extended and has yet to sign a single meaningful contract. Should you buy? Well I bought 10,000 more shares this morning. Could be I'm a complete idiot? But for now I am accepting the company at their word. They say they have a lot of interest in their technology. There certainly is a lot of fear of both bad burgers and the radiation that might be used to treat it. So that leaves room for OZON and their ozone disinfectant system. Finally this company knows how to promote itself and that leaves some room for more short term rise in the stock price even without a significant contract win in the near future. At this point I would say do your own due diligence. Don't buy too much or stay away completely. No more than you can afford to lose anyway. But short term I expect there is no way the stock will reverse course entirely. Insider buying at $1 leaves a strong level of worst case resistance. Regards, Jeff
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext