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 4.0900.0%11:53 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: M.A. Miller who wrote (483)11/15/1997 6:07:00 PM
From: Tim Bagwell  Read Replies (1) of 671
 
I own Wcom. You own GTE. That says it all.

Then why are you reading the GTE thread? You must have some interest in the company. I own GTE because it's a company with low risk. For the low risk portion of my portfolio it makes far more sense than WCOM. I trust Lee to continue running GTE in a fiscally sound manner while Bernie has a penchant for debt leveraged empire building.

If the deal between MCI and WCOM is so great why did BT run? I submit that they ran because they can't work with Bernie.

If Lee's only reason for making the MCI offer was to force WCOM into further debt then it was a smart move on his part. GTE has access to more of the QWST fiber than WCOM. They don't need MCI except to garner more LD market. But everyone knows that future growth is not going to be in the LD market. It's a cash cow that Bernie needs badly but GTE can live without.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News