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

To: Jim Goodman who wrote (2449)	1/12/1998 6:28:00 PM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 3431

Hi Jim, I have noticed your presence over the last year and a half a few times with stocks I follow. I have actually come to respect your methodology and TA. Far be it from me to tell you or anyone when to buy this or any stock these days in this depressed market. But in your pondering over adding the stock to your portfolio I hope you will factor in one thing that I have asked you about before. Insider buying? If you buy Gems even at 11 you would have it cheaper than the insider's who recently purchased their shares on the open market. I do think you can get it lower but I also think the stock may have bottomed. So watch it carefully, as you said the sentiment in this stock and the market as a whole is very bearish. Just right for a real rally. Regards, jeff

To: Jim Goodman who wrote (2449)	2/5/1998 2:03:00 PM
From: Jim Goodman	Read Replies (3) \| Respond to of 3431

to all: following-up my 1/12 timed GEMS buy post here, via my "PSYCLE sm"....hitting 14+ or so today, GEMS now up against it's 200 day moving avg. pot. S.T. resistance, as are many other recently depressed techs issues as I gave out near their recent lows....as you know, and I teach, this often represents at least S.T. resistance for many stocks off these chart patterns, going back decades....anyway, i have rec'd. lightening up in many techs which have had "nice but too much too soon" rises approaching resistance....we do no emotion, no greed, no "wishful hoping".... but last time, GEMS rose from 10 -ish, to 21, so will stay long in it for now, but watching closely for more signs of a S.T. pullback coming....best wishes to all, just wanted to follow up as promised....this technical/chart pattern approach has worked very well for me....I am going to plan for an "overshoot" rally in GEMS to maybe 16, this time, up quickly from 10., and cross my fingers....hope this helps y'all....