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

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To: Sr K who wrote (2787)7/29/1998 10:45:00 PM
From: robert b furman   of 3431
 
BE - I am referrring to post # 2755 from Jane furman (absolutely no relationship - I dont know this person at all).In her post from gems multiple reasons were noted for a revenue short fall.All of which added uo to 30-40 million dollars of potential sales.

Now these can be real or these can be pablum.

My bet is at these depressed levels management has heat on the organization to execute.(after all in the tech sector demand for product is really what is lacking - certainly lack of growth at least).

If this management has orders and can execute they will surprise in the next Qtr.

At these prices a surprise is GOOD for a pop.

This is my bet - at an all time low, the risk is less than speculating on a high flyer with nothing but air and momentum speculators underneath them.

My reference is to multiple reasons # 2,3 and 4

FWIW and BWDIK

Bob
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