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


To: Joseph H. Leiti who wrote (2881)11/4/1998 8:37:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 3431
 
Headline: Glenayre (NASDAQ:GEMS) awarded $1 mln paging contract

======================================================================
CHARLOTTE, N.C., Nov 3 (Reuters) - Paging network maker
Glenayre Technologies Inc. on Tuesday said it has received a $1
million order to expand a high speed paging network in China's
Hainan province.
Glenayre will provide infrastructure equipment and
technical support to Hing Tat Investments Ltd., a distributor
of Glenayre equipment in China, the company said in a
statement.
The order includes expansion of subscriber and voice
mailbox capacity for installed GL3000 wireless messaging
switches. Glenayre is also providing its 280MHz GL-T8000
series transmitters and GL-C2000 controllers.
Shares of Glenayre on Tuesday closed up 3/8 to 6-1/2. the
company's high for the past 52-weeks was 17, its low 5-1/2

Copyright 1998, Reuters News Service