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

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To: Jeffrey L. Henken who wrote (2438)1/12/1998 5:39:00 PM
From: Jim Goodman  Read Replies (2) of 3431
 
have enjoyed reading many posts here....my "PSYCLE sm" is close to adding GEMS to depressed buy list....it may be forming similar pattern to last year's little saucer base, which I shared, back them....so, with a stop below recent low, GEMS is another depressed Tech. very close to exploitable soon....a possible L.T. double-bottom as well.... I do not employ "fundamentals" the way most people do, instead using repeating patterns of chart and human bevavior....of course, GEMS seems to have some decent cash, and no debt, so that can't hurt, right ? the Sentiment also is on our side here, being so negative.... hey, Wall St. loved GEMS at it's top....this could work for us again....just thought my 2 cents might be of value, timing-wise....
I am not in it yet, but am close, on a pullback....best wishes,
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