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: HB who wrote (2530)	2/3/1998 5:25:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 3431

Howard, Market Edge relies on TA alone. They have been correctly right to be negative for months. If you look at their analysis you will see that they only very recently turned positive. If you check back you will see that I was positive most of the way down and finally posted that I thought the stock had bottomed a couple of weeks ago. So I don't blindly follow TA. Though I would have alot more money if I had sold when Market Edge first recommended I do so and then bought again at $12. I only share this TA as a service to my friends. Based on fundamentals and my discussion with IR at GEMS the company and it's stock have a good chance at being a second half of 98 story. I do mean a positive story. But I am done predicting stock movements based on TA or fundamentals. The market is not rational and we have no idea what lies in store for the rest of the year do we? So go back read some of my posts here on this thread for the last couple of months and you'll see I'm basically where Skeeter is at just hoping for a chance to sell at $20 again! BTW Skeeter I see SWTX is doing better. Good job! Regards, Jeff

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