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: SIMember0123456789 who wrote (2564)	2/13/1998 12:26:00 AM
From: Jeffrey L. Henken	Read Replies (1) of 3431

You will probably have to hold another 6 months before you really see any light at the end of this tunnel. My TA site still has the stock rated as a buy but resistance is at just a couple ticks below the close. The Microwave business will be sold but that is a side issue. The industry is actually doing much better consider PAGE's earnings and now MCLL's based on revenues I see lots of growth: biz.yahoo.com I don't think there will be much to be really excited about for several months but that does not mean the stock can't move in anticipation. Two years of disappointment does set the stage for a rally in the second half of 98. That's what the guy at IR told me when we discussed the company and it's stock. Obviously if you pick the right stock you will make more money sooner. Got a great pick? Clue me in, but at least you have to know GEMS will never get any lower than 8 and hey it once was a $50+ stock. Regards, Jeff

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