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Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?

To: riposte who wrote (27618)	10/21/1997 8:49:00 PM
From: jcmoore	Respond to of 31386

Charles Lee of GTE on Nightly Business Report. Was questioned about the merger with MCI. When continually asked about negotiations, he stated how great a partnership would be with MCI and how great British Telecom would make them a $ 17 Billion dollar a year generator of income. When questioned about the large debt load with the acquisition of MCI( is it $ 58 Billion) he referred to the fact that Goldman Sachs was their investment house and that they had advised the GTE board that the debt load would not be a problem due to the combined companies ability to generate the $ 17 Billion a year EBTID. jcmoore