SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : GTE
GTE 4.315+5.8%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Axxel who wrote (350)10/17/1997 2:00:00 AM
From: Ali Shahbaz   of 671
 
What's with you guys this merger bits.
Last week I bought GTE @$50 1/16 thinking AT&T is going to make it's move. I figured even if the merger does not happen with 4% dividend yield GTE is a safe stock. I was even about to buy out of money call option for Nov. hoping for the merger. Thanks to chair man Lee hope of an AT&T purchased is dashed, and GTE is the next Viocom (after the take over of Paramount and blockbuster). After this merger the dividents would probably decrease or stop.
This is like Hitler's invading of Russia. Sure, long long time from now in a different plant GTE/MCI may be a great company. I just hope MCI goes for WCOM deal.

(To all those hard core GTE lovers please don't get mad about my comments. I wish you guy's the best of lucks.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext