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: Skeeter Bug who wrote (2104)	10/15/1997 1:36:00 PM
From: Machaon	of 3431

<< eps s/b in line, or $0.24 >> I think that GEMS will miss earnings due to the slowdown in China, the Slowness of N.A., and reduced margins. I'm guessing that they will make around $.19 I've only played one option in the last 6 months, after getting burned earlier this year. But, I think that I might consider some puts this time. Earlier, I was looking at the Nov 15 put and the Dec 15 put. The Dec 15 put's going for around $.75 and the Nov 15 put is going for around $.50 Anyone, who feels similarly about GEMS, have any recommendations? Are these good prices for the puts? Regards, Bob

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