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: Linda Kaplan who wrote (2991)	1/27/1999 11:08:00 AM
From: Louis F. DeCaro	Read Replies (2) of 3431

Sorry you're not feeling well. I began buying this stock in February of 1997 after doing considerable research about the potential of GEMS new product line. I was convinced that the company's misfortune at the time was attributable to a product line/cycle change, and that once the two-way paging system was fully implemented, GEMS would resume its leadership position among telecommunications equipment suppliers. It appeared that I was on the right track. The stock went to 21+ in August of 1997, but since it's gone more down than up in the past 18 months. The angel on my right shoulder tells me to have faith and be a little more patient because once the proverbial bugs are out and the new product line is well under way, the stock will respond for long term purgatorial sufferers like us. The devil on my left shoulder tells me sell the moment I get back to my break even point or suffer a fate similar to the Simonists in Dante's Inferno. While you may not have the answer, you opinions have been greatly appreciated in the past. So feel real well soon, and keep whatever thoughts you have coming.

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