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Technology Stocks : GTE
GTE 4.320+0.1%9:33 AM EST
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To: Ernie Kelley who wrote (235)10/7/1997 1:54:00 PM
From: Al Serrao   of 671
 
Ernie, I can only surmise this news which has been carfully leaked by ATT management is a trial baloon just like the SBC deal. In the later case, the regulators quickly shot it down. So far no news from the regulators is good news. Even if the regulators shoot down the ATT-GTE deal I would expect GTE to pull back but not to its previous level. GTE is finally being recognized as in play, has many options, very well managed, undervalued, and much better balance sheet and debt ratio than WCOM. Its the place to be.
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