Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: 4-UR-Eyes-Only who wrote (404)	10/23/1997 8:22:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 671

"The only COMPANY higher than GTE is U.S. GOVERNMENT !!!" And we all know about the Government,don't we?When they run out of money Government can raise taxes,borrow more money etc, while on the other hand what the heck GTE is gonna do? As I learn more about this GTE deal with MCI, I am begining to doubt the viability of the merger. GTE is a good company as it is, why spoil it with this merger.It may sound good on paper,but assuming such heavy debt could jeopardise any company,no matter how good they are.No point in merging/buying another company, 'cuz everyone else is doing it, reminds me of the 'go-go' 80s, we all know about them leverage buyouts,mergers and things. Why in the heck GTE want to be an 'also ran' company,is beyond me. The only explanation I can come with is this Lee guy want to be the 'CHIEF', and don't want to be a second fiddle in case of a merger with another company etc. To sacrifice GTE to fulfill his petty ambitions is despicable. \|