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


To: H James Morris who wrote (2583)2/25/1998 11:17:00 PM
From: SIMember0123456789  Read Replies (2) | Respond to of 3431
 
It's the same old story... If you must invest in small caps, you must accept a good deal of risk. This is the type of stock that can either double in value in a week's time, or... well, you know! Based on my experience with smaller cap stocks, the longer they remain at the bottom of the chart, the less chance there will be for a jump up. Just think of it like this, if a company can't get its act together over the course of 2 to 3 years, the odds of it growing become almost non-existent. This is especially true when it happens during a strong bull market.
I don't believe that this stock will remain in double digits for very much longer. We will probably see a dip to below $8 before too long. If there is a drastic upward change in earnings, we might see $20's again - but I doubt it! Just my opinion.

-D