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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?

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To: Skeeter Bug who wrote (2574)2/20/1998 11:23:00 PM
From: Jeffrey L. Henken  Read Replies (2) of 3431
 
Skeeter I sold more than half my shares a couple of days ago. I bought some stock warrants on margin. They were not marginable. I sold some of my GEMS to satisfy the margin call.

Now I look like a genius. The warrants are up and GEMS is down. GEMS will be fine but it's going to be a while. It broke through resistance today.

Not good

I expect a further drop although it is still considered a buy by my TA service.

Now for a little news from Glenayre:

biz.yahoo.com

Regards, Jeff
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