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Strategies & Market Trends : Value Investing
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To: Wallace Rivers who wrote (6248)3/9/1999 1:20:00 PM
From: Jyoti sharma  Read Replies (1) of 78485
 
Wallace,

GEMS is suffering from the saturation in paging market . Management has no focus. Insider ownership is small and turnover in middle level management is high. Gems will eventually recover with Asia and as they cut overhead to meet lower demand for their products .Their best hope lies in being bot out by some one like Alcatel. The risk below 4 is minimal.

I have a lot of shares bot at 5 and 4 dollars and hoping for a double before the end of this year.

Jyoti
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