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Friday, 06/02/2006 9:58:52 PM

Friday, June 02, 2006 9:58:52 PM

Post# of 157299
Didn't GTE had to release info the Russian Deal because it was a material event? The problem with the Russian Deal was no earnest money or good faith money up front. A similar situation happen in Connecticut a few years back. The owner of the New England Patriots played our then Governor John Rowland and the Legislature like a fiddle. He said he wanted to move the Patriots to Hartford, CT and a contract was signed and Hartford with the assistant of the State was going to build a new stadium. He did this because the folks up north (Foxboro, Mass) wouldn't build him one so he threaten to leave and signed the contract with Hartford with the hidden agenda to only motivate Foxboro which worked. Foxboro decided to build a stadium and the owner back out the Hartford contract. I don't think there was good faith money as part of the contract so CT Attorney General threaten to sue and CT got about 2 million from the owner. Did the Russians have a hidden agenda? There have been a few posts suggesting the possibility. It is my belief that GTE will be alright in the long run. Since the Stratellite has been on the scene, so has Uncle Sam and his name keep coming out in PRs and Huff's and Jones's mouths. I'm unable to attend the SHM so if you read this message and are attending please ask "who paid for the Strats built for the military? and Where are they now?". Thanks

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