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: Louis F. DeCaro who wrote (3032)	2/20/1999 2:01:00 PM
From: 8bits	Read Replies (1) of 3431

Personally, no because it already comprises 15 % of my portfolio which I think is plenty. Also through covered calls and purchases last December when it hit 4 I have reduced my cost to just below $5. Now, I'll just wait to see how they perform. I do think the risk is fairly low at this point. The worry I have is they'll continue to fumble and lose market share and revenue in their respective business areas that the company will be bled dry. I see the stock meandering for a few months until they either get a CEO which has great favor on wall street or they are bought.

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