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: William Douglas who wrote (2109)	10/15/1997 5:02:00 PM
From: Machaon	of 3431

<< "We plan to buy aircraft, grain, fertilizer and car parts" >> That's from the article. Doesn't mention anything about paging infrastructure. Hmmmm!? They want fertilizer!? All they have to do is back up a tanker to the broken sewers in Miami and take all that they want! I think that I am going to go after about 10 Nov 15 puts @ $.50 tomorrow (unless I can get it cheaper, which I doubt). I did have an order in to buy Dec 15 puts @ $.75, but I cancelled it. If the earnings come in low next week, why hang onto the December, when the November will do. I was hoping that there would be a few GEMS bears, around here someplace, to provide guidance. But...... If I am wrong and GEMS comes in with gangbuster earnings, I don't want anyone to remind me of my puts! <g> Regards, Bob

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