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Technology Stocks : GTE -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (466)11/10/1997 1:48:00 PM
From: tonto  Read Replies (1) | Respond to of 671
 
I concur. GTE in a sense was put into play before their own bid, and
the probability of an offer being made is high.



To: Mohan Marette who wrote (466)11/10/1997 7:16:00 PM
From: Tim Bagwell  Respond to of 671
 
GTE back in PLAY?

I'm really struggling to understand what GTE would bring to AT&T. Some additional local market share? Some additional fiber capacity? Maybe.

Since AT&T is way behind the curve on the fiber build-out they may see some advantage in GTE's, soon to be realized, fiber capacity. But that would lay waste their ongoing upgrade plans. Why pay for both?

On the other hand, if AT&T did leverage GTE capacity it could have two types of fiber networks namely the packet switched and circuit switched types. They could then provide a much more varied array of services. Hmmm...

One thing is for sure, AT&T needs to beef up it's Internet backbone and if they stay on the present course they will be years behind the rest.



To: Mohan Marette who wrote (466)11/12/1997 5:04:00 AM
From: brian chan  Read Replies (2) | Respond to 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.