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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Jeffrey L. Henken who wrote (2559)2/12/1998 3:09:00 PM
From: Linden   of 3431
 
I guess I am just conerned that their margins are dropping, they have increased SG&A by ~ 25% over last year, product mix is unfavorable, and they are admitting they are having demand problems for Q1 and possibly until the end of Q2.

I like the company L/T, but I would like to feel more comfortable knowing the market really wants and will pay for two-paging!

Just my two cents worth.

Apparently the market agrees with me! $12.25-$12.75
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