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Growth And Value

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Alias Born 02/13/2005

Growth And Value

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Sunday, 05/22/2005 12:03:24 AM

Sunday, May 22, 2005 12:03:24 AM

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Insiders are buying GEMS

Glenayre Technologies (GEMS): Bruce Bales, President, Messaging Business, bought 10,000 GEMS shares on 5/13 at $2.74. A director, Donald Bates, added 1250 shares at $2.72 to his holdings. On 5/10/05, the Company announced the acquisition of Universal Music's CD & DVD manufacturing operations. The deal is expected to produce an immediate positive cash flow according to the company.
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