Posted tonight on Rocky's board...... Subject: Re: rocky Posted By: Rocky1 Date/Time: 05/10/2006 9:50 PM CST Message #: 775 of 776This is a reply to message # 774 written by hogman5. This message has 1 reply. View ThemI will start by saying that if I believed any of the lawsuits and what they are saying I would have be gone by now. I apologize in my previous post to "DonandUrsula", I see the lawsuits are now around 5. I was out most of this afternoon so I was unaware of the latest two. I don't expect GTE to address each one as the "pile on" suits will probably continue. GTE will have their day in court and imo will resolve(show the facts) and the lawsuits will drop like flies. Again, jmo. Where are we at now and how did we get there? The 10K showed that 2005 was not all many hoped it would be. I believe many were expecting much better results in the 4th qtr but not real sure as to why since no new implemented programs had been announced. Couple the above with new reporting numbers (options and one time non-recurring charges) and the numbers looked worse than they actually were and many believe the compensation doubled which just is not true. The annual report pointed only to Centerline again being the revenue producer when it was reported throughout the year that other programs would be initiated, they were not. The profitability predictions and break even predictions did not happen and definitely did not help things at all. Now throw in the final closure of the Internafta deal, the countless negative articles and now the lawsuits. Those are some of the biggest reasons in my mind that GTE got itself between a rock and a hard place. I am a believer in what GTE has and I honestly feel they will start to prove that soon. If not, the troubles will continue. Results in their business units will show the masses how many good things GTE has going for them that are already being overshadowed by the negativity. I for one have not forgotten...thanks
