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: Jeffrey L. Henken who wrote (2523)	2/3/1998 3:09:00 PM
From: HB	Read Replies (2) of 3431

Jeffrey... GEMS has sold for well under $10 at times during the period that you say Mkt Edge has been "negative and rightly so... seems like that was a good time to be positive. GEMS is now higher than it was during all of Dec. and Jan. and all but the first week of Nov. When did their T/A go negative? Before Nov. 8 it would appear to have been right... but if it wasn't a buy till now... they've missed an up to 35% gain. Sometimes buying on really, really dirt cheap fundamentals even when the T/A looks crummy can be very rewarding. (You just have to be ambitious about what's really really dirt cheap.) However, I didn't buy this time, though I've bought below 10 before... have enough GEMS, and other fish to fry.... I hope you & the Edge are right! But I'm keeping an eye peeled for "Asia: Chapter Two" when austerity measures kick in. Howard

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