GTE Message Board - Msg: 1522947

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : GTE

GTE 4.445

+2.1%

Nov 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Al Serrao who wrote (105)	6/3/1997 4:09:00 PM
From: Mark	of 671

Hi; This is the question that I can't figure out. How can one put a price tag on a company that has local, long distance, their own booming cellular operations, internet capabilities (all phases), and their own fiber optics? I ran this by a telecommunications junior analyst at a very large Wall Street firm last week. He scouted around for answers. The concensus seems to be that it would be a stock swap deal (shareholders of GTE get no cash, but new stock in the merged company). His findings are in the range of $55 -$60 per share. If the suitor is ATT, that translates roughly to 1.55 shares of ATT for each GTE share. I think that regardless of the merger, GTE is a solid company, with a bright future ahead of it, starting in 1998. Growth rates should pick up into the mid teens, from the current 8% - 10%. One last thing. Why are the June 45's trading in very heavy volume? Something's cooking. But what? Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next