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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Jeffrey L. Henken who wrote (2355)12/2/1997 11:30:00 PM
From: Skeeter Bug  Read Replies (1) of 3431
 
jeff, gems is suffering from a bad case of horrible publicity and expectations. hey 10% growth for ge is good for a 25+ pe ;-)

i think we'll recover 25% or so AFTER the next eps shows that gems hasn't just crumbled.

micron trades at $26 and will likely lose money over the next 2 qs. gems consistently makes money and trades at $11. go figure...
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