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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Skeeter Bug who wrote (2118)10/16/1997 9:34:00 AM
From: Machaon   of 3431
 
<< gems at 16 pe is much different than txn at a 30 pe. >>

I agree. In fact, TXN might be a better buy. I wouldn't touch it, but with today's huge amounts of cash coming into the market, low interest rates and low inflation; the valuations of solid blue chip companies are rated accordingly HIGH.

Regards,

Bob
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