GTE Message Board - Msg: 2456815

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Technology Stocks : GTE

GTE 4.315

+5.8%

Nov 7 9:30 AM EST

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To: Phil Forbes who wrote (322)	10/15/1997 8:18:00 PM
From: M.A. Miller	of 671

Earnings for Wcom will be key. (I'm a Worldcom owner in case you can't tell from my tone). GTE is just copying Wcom. It makes me so mad. 1. Wcom buys UUnet. GTE buys BBN. 2. Wcom buys into Qwest Network. GTE does the same. 3. Wcom proposes merger with MCI. GTE does the same. 4. Wcom proposes voting trust and letter to MCI Ceo. GTE basically copies same letter and uses same terminology in letter. GTE is just a bunch of copycats. If Wcom gets above $40 on its own because of great earnings and outlook, it will give them more leverage. This will be interesting. I think Wcom can go to $45 or $47 with no effect because it could be an agreed to merger with a pooling, which is same affect at $41.50 with purchase accounting.

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