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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Jim Goodman who wrote (2449)1/12/1998 6:28:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 3431
 
Hi Jim, I have noticed your presence over the last year and a half a few times with stocks I follow. I have actually come to respect your methodology and TA. Far be it from me to tell you or anyone when to buy this or any stock these days in this depressed market. But in your pondering over adding the stock to your portfolio I hope you will factor in one thing that I have asked you about before. Insider buying? If you buy Gems even at 11 you would have it cheaper than the insider's who recently purchased their shares on the open market. I do think you can get it lower but I also think the stock may have bottomed. So watch it carefully, as you said the sentiment in this stock and the market as a whole is very bearish. Just right for a real rally.

Regards, jeff
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