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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play?
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To: Linda Kaplan who wrote (2998)2/2/1999 12:38:00 PM
From: Louis F. DeCaro  Read Replies (2) of 3431
 
I hope this will be the last time they lay off employees in the near term. If it isn't, then I'll have to believe that there is more to it than just business cycle cost adjustments, and that will really worry me. I was looking for a rebound in the stock price as a response to the "cost cutting" measure. Maybe it didn't happen because the market is down at the moment, but I would hope we ultimately get the positive reaction that so many other companies get when they "cut costs".
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