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

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To: Mike Nelson who wrote (2675)4/29/1998 7:06:00 PM
From: Thomas C. White  Read Replies (1) of 3431
 
I expect that LEOS stuff will be on a different price/performance tier vs. terrestrially based paging solutions. A bigger potential threat to traditional paging may come from an eventual country-wide PCS-based messaging infrastructure, which could conceivably operate at a lower price point than LEOS-based stuff. It will take a long time to amortize the initial LEOS investment, and the services they will have to offer will have a high price tag on them in order to justify the investment. Paging, with a relatively low functionality/low price tag, fits in nicely below this stratum, particularly in less developed countries.
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