GTE Message Board - Msg: 1799189

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Technology Stocks : GTE

GTE 4.355

+0.1%

10:42 AM EST

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To: jessej who wrote (143)	7/20/1997 8:45:00 AM
From: 4-UR-Eyes-Only	of 671

The merger offer for GTE could be around $56-$62 range. GTE worth more to BT than to ATT because ATT already has major cellular operations and can explore WLL to bypass LEC. In addition, ATT stock price is close to its 52-week low. It is difficult to do a deal for ATT at the current stock price level. From the regulatory point of view, it is easier to get passed with BT/GTE deal than ATT/GTE deal because both BT and GTE are NOT dominant carriers.

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