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: van wang who wrote (2430)	1/2/1998 9:25:00 AM
From: van wang	of 3431

a clarification...remember last spring when GEMS was a steal at $8..that was when integrated networks was so small no one valued it...so GEMS is a buy but in not timely...after all this, they have ODC and wireless access...integrated networks growing at 250% (data communications/messaging is the hottest sector in communications...yes even hotter than wireless phones)...and intl now make up 51% of sales...not the same company, more diversified yet it trades at a discount to last years $8 which was solely valued on domestic paging...today you pay $7 for domestic and international...maybe why G. Smith added to his position at higher price than current valuation...the price he added was in my opinion on parity to his purchases last year...a steal! cheers

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