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Technology Stocks : GTE
GTE 4.0900.0%11:53 AM EST
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To: Mohan Marette who wrote (466)11/12/1997 5:04:00 AM
From: brian chan  Read Replies (2) of 671
 
Base on what I read from WSJ, GTE is out of the game (which is good for the shareholder BTW)for good. The fact that BT agreed to support WCOM practically made it a done deal. GTE will have to cough up $$$ just on the break-up fee alone. Unless Chuck and his troops went nuts, they will not try a hostile bid. At 45 and change, GTE is a good solid, long term value play.
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