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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 (2858)10/19/1998 11:52:00 AM
From: Linda Kaplan  Respond to of 3431
 
Headline: Glenayre Western Multiplex Promotes Barnes To Senior Vice President,
Sales and Marketing

======================================================================
SUNNYVALE, Calif., Oct. 19 /PRNewswire/ -- Glenayre Western Multiplex, a
manufacturer of wireless T1 and E1 interconnection products, today announced
that Graham Barnes has been promoted to senior vice president of sales and
marketing. Barnes has been with the company for nine years, and has held
various sales and marketing management positions of increasing responsibility.
Prior to joining Western Multiplex, Barnes held various marketing and
management positions at Harris Corporation. He holds an MBA and a bachelor of
science degree in electrical engineering.
Among his many achievements, Barnes was instrumental in the promotion,
proliferation and market acceptance of the company's pioneering spread
spectrum T1/E1 radio products for long range point-to-point applications. His
marketing efforts have helped the company to create and dominate the
unlicensed T1/E1 radio market.
"As we seek to expand our point-to-point wireless business through
distribution and OEM relationships, as well as expansion of our international
presence, we face new challenges in the sales and marketing area," said Amir
Zoufonoun, general manager of Glenayre Western Multiplex. "Graham's unique
combination of marketing skills and field experience, coupled with his
technical and managerial background, provides the necessary focus to take
advantage of our new and exciting business opportunities."
Glenayre Western Multiplex, an operating division of Glenayre Technologies
Inc. (NASDAQ:GEMS), is the leader in T1/E1 spread spectrum wireless
interconnect radios. It has provided high-performance licensed and unlicensed
digital microwave radios to the worldwide market for over 18 years. Glenayre
Western Multiplex supplies systems for wireless service operators, private,
industrial, and government users, including cellular, ESMR and PCS, utilities,
railroads, and oil and gas services. Additional information about Glenayre
Western Multiplex is available at: wirelessinterconnect.com.
For over 30 years, Glenayre Technologies Inc. has been developing and
providing leading edge personal telecommunication systems, including products
for paging and cellular networks. With over 2,000 employees and with products
installed in over 100 countries, Glenayre's net sales exceeded $451 million in
1997. Additional information about Glenayre is available on the company's Web
site at: glenayre.com.

SOURCE Glenayre Technologies Inc.
-0- 10/19/98
/CONTACT: Shauna Schinella, Glenayre Technologies Inc., 408-542-5200 or
sschinel@mux.glenayre.com/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 111723/
/Web site: glenayre.com




To: Skeeter Bug who wrote (2858)10/20/1998 7:41:00 PM
From: oddmanout  Read Replies (2) | Respond to of 3431
 
Skeet..backlog figure from last qrtly report and Stan C. back in July. In fact that was the silver lining to the shortfall reported in July and later I was told that this qrt was comfortable since it was front-loaded, according to GEMS in early august I believe..Skeet, why so bitter, do you own it above $12....sell the rally...remember how GEMS flew $10-12 to $16-18 a few times in past? PS what happened today ??? $7 7/8.