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: Robert Smith who wrote (2783)	7/29/1998 5:58:00 PM
From: robert b furman	Read Replies (1) of 3431

Just bought in @9 3/4 .have owned them higher and sold.This stock should take a positive pop if: They can execute the delivery of their growing backlog(how many tech stocks would enjoy the priviledge of having the backlog to deliver) Get over the slow ramp up of their new pager system. My belief is that they will.This I hope happens next quarter. If so the stock should do mid teens easily but it must issue a rosy future forecast or I think it will encounter some overhead resistance of people wanting to get out of frozen investments. JMHO and BWDIK Bob

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