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Technology Stocks : GTE
GTE 4.315+5.5%3:42 PM EST
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To: Anne Stehley who wrote (462)11/10/1997 9:16:00 AM
From: Dave Garza  Read Replies (1) of 671
 
The fact that WCOM has upped its bid for MCIC is good news for us. MCIC is not, has not, and would not be a good investment for GTE. Let's hope that GTE does not decide that it is also going to up its bid. If this happens then the price of GTE will continue to erode. As things stand today, barring any other information, GTE stock should move upward. My guess is $1-$2/share. We'll see when the market opens.
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