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

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To: van wang who wrote (2614)3/17/1998 6:46:00 PM
From: Mark A. Palma   of 3431
 
Where is everybody????? GEMS had an incredible day today and closed at its high for the day. This is definitely good news for the stock. I think GEMS is going to break out in a big way and I expect a move up to the low 20 range before earnings are announced. GEMS will make its earnings this quarter and this stock will continue to play catch up with the market. GEMS is a pretty safe bet and with a couple of upgrades this stock will pop. The company is not overexposed to SE Asia and they have been signing some very good deals lately!!!! Good luck to all who stuck it out, and enjoy the ride up!

Mark A. Palma
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