GTE Message Board - Msg: 2516157

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Technology Stocks : GTE

GTE 4.315

+5.8%

Nov 7 9:30 AM EST

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To: M.A. Miller who wrote (393)	10/22/1997 12:25:00 PM
From: ironROD	of 671

M.A., An interesting article on the TechInvestor. "GTE Corp.'s top lawyer said today he's certain the company's $28-billion cash bid to buy MCI Communications Corp. will prevail over WorldCom Inc.'s previous, stock-backed $30-billion offer to merge with MCI." techweb.com Also,ÿ As far as the interview is concerned,ÿ I don't think that Chuck Lee is going to admit to something contractually illegal - such as holding previous talks with BT and MCI.ÿ That would play right into Ebbers hand. Also, as far as personality is concerned - don't forget that BT still owns 20% of MCI. MCI cannot be sold to any company without going through BT (as stated in their agreement).ÿ So what personality do you think BT would rather deal with? Rod

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