GST Telecom (GSTX) 4th quarter earning Message Board

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Technology Stocks : GST Telecom (GSTX) 4th quarter earning

GSTX 0.01000

-33.3%

10:47 AM EST

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To: David Lawrenz who wrote (96)	10/1/1997 7:32:00 AM
From: telephonics	of 369

GST made a news announcement to the effect that they hired Hanmbrecht & Quist to advise them how to maximize the cash value of the 5.1 million shares they hold in NACT (63%) The problem GST faces in cutting NACT loose is to do so without severly impancting the value of their holdings. In my mind a negotiated sale of the 5.1 million shares to a third party is the most logical approach. It maximizes the cash to GST,protects NACT and gives the third party majority control of a rapidly growing and very profitable business. This situation reminds me of the surge in stock value we saw when Lucent (The old Western Electric manufacturing arm of AT&T) was cut free. Competitors of AT&T who previuos would not buy their products reversed their positions and Lucent thrived as an independent. I anticipate the same for NACT.

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