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

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To: Linda Kaplan who wrote (2346)12/1/1997 10:49:00 PM
From: Jeffrey L. Henken  Read Replies (3) of 3431
 
Well my 40% profit on my portfolio for the year was reduced to near nothing during this correction. But that won't stay that way. Yes it could get worse instead of better. Whether GEMS ever emerges as a market leader again is certainly doubtful. I don't think their business plan in any way addresses a plan for resumption of rapid growth. I would like to say that it does. So GEMS will not lead in any continued rally either. Fortunately that doesn't really matter because all we need is for GEMS to start to participate in any continued rally. I've seen these kinds of rallies before that seemingly skip my stocks. Give it time as money flows to those undervalued issues which are initially skipped because they simply are no longer market leaders in any sense of the word. Why? Because there is value in stocks like GEMS. Lets see what happens tomorrow. BTW goodluck skeeter with NFLI tomorrow. Regards, Jeff
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