GTE Message Board - Msg: 2467601

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Technology Stocks : GTE

GTE 4.315

+5.8%

Nov 7 9:30 AM EST

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To: ironROD who wrote (343)	10/16/1997 5:34:00 PM
From: tonto	of 671

"THE GTE MODEL is, merge GTE and MCI together and develop a global partnership with BT," Lee told reporters following a meeting with analysts. The GTE chief did not outline details of such a partnership. "You don't surprise your friends and partners." He declined to elaborate on how MCI and BT, which have a $21 billion merger pact, became aware of the looming bid. He has told us there is a global plan which no one is capable of figuring out so quickly. I believe there is an over reaction to this move because of the probable partnership. A week ago everyone was praising the strong management of GTE, today they have forgotten their pitch of last week. I think GTE most likely has more of this figured out than the quick to pitch analysts.

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