GTE Message Board - Msg: 13896789

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Technology Stocks : GTE

GTE 3.715

-0.8%

3:59 PM EDT

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To: ima_posta2 who wrote (669)	6/16/2000 3:57:00 PM
From: Rob Preuss	Read Replies (1) of 671

"FCC gives conditional OK to Bell Atlantic-GTE merger" That's the last hurdle... since most preparations for this are now complete, I expect the merger to be swiftly consummated... perhaps only a couple weeks from now. While this may have some small immediate impact on the share price, I expect the bigger (and more positive) impact will come as "Verizon Communications" demonstrates that it is making progress toward gaining approval to offer long distance services in Bell Atlantic's "home" territory. So far, such approval has been granted only in New York State. I understand that there are 12 more states to go and that the next states targeted for this include Massachusetts and Pennsylvania. Rob biz.yahoo.com cbs.marketwatch.com biz.yahoo.com

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