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: Exacctnt who wrote (2941)	12/21/1998 7:28:00 PM
From: 8bits	Read Replies (1) of 3431

<<Will tomorrow bring a buying opportunity? How low can it go?>> Hell, it could double if they announce they're becoming an Internet portal. <g> I think we'll see a minor dip, maybe a 1/2 point. I think the stock will rebound in the New Year though, perhaps to 7. We're still talking about a stock with no debt, below book value by $2, which is dominant in it's industry. The stock's recent dip in the face of a rising market suggests that some of this info was already known by institution investors. Also the CEO is resigning, time to clean house... Oh well, at least the rest of my portfolio is kicking hinney. Nick Baklanoff

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