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

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To: Louis F. DeCaro who wrote (3003)2/5/1999 3:10:00 AM
From: WHL  Read Replies (2) of 3431
 
Looks like the MMs will take this to under $3.00 in order to force out anyone on margin. This is a classic market maker trick to get people selling when they really want to be buying. I know that this sounds bad- but it usually is a pretty short term thing (a few weeks at the most). Moral of the story: buy stocks for CASH- all cash.
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