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Technology Stocks : Glenayre Technologies(GEMS)- a pure cellular PCS play? -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (2231)	10/24/1997 8:32:00 AM
From: Machaon	Read Replies (1) \| Respond to of 3431

<< saying that the two mergers would "add to revenue" instead of "add to earnings" >> Skeets, I think the VP was saying that the addition of the two new companies would boost the 97DEC qtr's revenues, thus reversing some of the negative impact of the <1 book to bill. His statement is as follows: ====> Although softness in orders caused the book-to-bill ratio to slip below one-to-one during third quarter, we expect both acquisitions to contribute to fourth quarter 1997 revenues.'' <=== But, as you said, it is interesting that he didn't say anything about the impact on the earnings. Regards, Bob