Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : High Growth Techstocks for 1998 -- Ignore unavailable to you. Want to Upgrade?

To: SirAlexx who wrote (330)	1/12/1998 11:43:00 AM
From: White Shoes	Respond to of 598

Potential bargain: WELL KNOWN TO MANY, BELOVED BY FEW: GEMS, Glenayre Technologies. GEMS designs, manufactures, markets and services switches, transmitters, receivers, controllers, software and other equipment used in personal communications systems (voice messaging, mobile telephone, and message management systems). According to Yahoo!, book value is 8 5/8. Stock is at 10 3/4. Market cap is $650 mil. Trading at 11X next year's EPS. Last time I checked wireless phones were still a growth area. You'll see higher valuations on a lot of companies with no earnings in this field.

To: SirAlexx who wrote (330)	1/12/1998 11:55:00 AM
From: White Shoes	Read Replies (2) \| Respond to of 598

Another possible 'future growth' play is Iridium. (IRIDF). It was mentioned on the Red Herring top picks of 1998 list as a potential second option underneath one of their 10 picks. (It seems to me their second options were always more attractive.) It is also on Hot Subjects today on SI! Now Iridium is a real interesting pick...given that as yet it has no revenues! (Iridium World Communications Ltd. is a member of Iridium LLC engaging in the development and commercialization of a global mobile wireless communications system that will enable subscribers to send and receive telephone calls anywhere in the world.) Acc. to Red Herring though Iridium could be the safest bet of all these kinds of companies because they will be first to market and will begin earning sooner. This might not be the world's best investment, but I happen to think it's a pretty cool emerging technology. Somewhere in this field there are bound to be opportunities...don't really know if IRIDF is 'it' though. I wouldn't mind getting work with them (Hamilton, Bermuda). <g> They do have 46 satellites in the air in any case and plan to launch their service in Fall 1998. The co. is now valued at $400 million. Now the emergence of Iridium and even larger concerns in this global wireless satellite "system" area raises concerns for me about a pick such as KVHI...or is it an opportunity...or is it neither....I don't know. If KVHI has carved out a niche having to do with navigation then perhaps it has high growth potential. Or is KVHI's system going to seem like a proprietary, awkward system compared to the more standardized offerings from larger concerns? (As you can see I know little about it.)