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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: SIMember0123456789 who wrote (2199)10/22/1997 11:19:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 3431
 
I think the market reaction was penciled in in the last few minutes of trading. The stock should rise tomorrow. In fact if it gets some positive remarks from analysts in the next few days it will continue upward for a while. Yes we are concerned about future earnings with a book to bill below 1. But as I said before this was a much better earnings report than I expected. Personally I am glad that I am not sitting on any puts. But with any option time is as important as price. Is it not? Through the ceiling? No way. Up, oh yeah. Regards, Jeff
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