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

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To: Linda Kaplan who wrote (3106)5/12/1999 1:44:00 PM
From: S. maltophilia  Read Replies (2) of 3431
 
I just got back in to GEMS after having been out a year. Looks like it's finally stirring off the bottom.
Do you have any thoughts about the ~$50MM receivable that they'll probably have to eat? I see them as worth at least $4 worst case, but it's always annoying (g) how this company pisses away money.

By the way, congrats on ZONA. I got out of my May puts a bit early, so I made some, but not nearly all I could've.
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