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

To: Phil Forbes who wrote (541)	4/3/1998 5:17:00 PM
From: Steve in Vegas	Read Replies (1) \| Respond to of 671

When you've been in the stock since 1961, nothing much surprises us. Thanks for the link.

To: Phil Forbes who wrote (541)	4/4/1998 10:04:00 PM
From: ron forgus	Respond to of 671

Phil, thanks for bringing the GTE news release over. I have been holding GTE for many years mainly for the dividend and the low beta. The telecom industry with all its consolidation and GTE with fewer restrictions should be trading in the high 60's ALONG WITH AT&T.

To: Phil Forbes who wrote (541)	4/14/1998 9:19:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 671

GTE earning release - excellent (except for charge:) During the quarter, consolidated revenues and sales increased to $5.88 billion, compared to $5.28 billion in the first quarter of 1997. Earnings per share from core operations increased during the quarter to 76 cents on net income of $733 million, as compared to 69 cents per share or $665 million reported for the same period last year. Including the effects of the previously announced after-tax, non-recurring charges of $802 million (83 cents per share) and GTE's data initiatives (11 cents per share), a consolidated net loss of $178 million or 18 cents per share was reported. marketwatch.newsalert.com Analysts consensus was EPS=+ $.67 Operating EPS=+ $.76 Charge =- $.83 Charge =- $.11 --------- Net EPS =- $.18