GTE Message Board - Msg: 2673563

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Technology Stocks : GTE

GTE 4.315

+5.5%

3:42 PM EST

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To: ironROD who wrote (458)	11/8/1997 12:03:00 PM
From: 4-UR-Eyes-Only	of 671

The overall LD market is getting more and more competitive everyday. MCI is feeling the heat and wants to do the deal as soon as possible to avoid operation distractions. biz.yahoo.com To GTE, it should also know that the Street had already given its thumbs DOWN on the $28B CASH offer. GTE's stock is down to the 52-week low level. AT&T can offer a very attractive bid at $60+ that shareholders CAN NOT refuse. Therefore, GTE needs to construct a GTE/BT offer to support its stock price quickly. Otherwise, Lee may say BYE BYE to his EMPIRE(and HIS $36 million corp. jet) soon.

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