I think Huff was only interested in AMEX as a stepping stone onto the NYSE. I can only imagine the corporate shakeup that is about to ensue. Heads are going to roll on this debacle.
The big question now is whether or not they will have enough money to complete the strat. As soon as the halt is lifted, GTE will, without doubt, go into a tailspin. Institutional dumping is going to be horrific.
Note: This is EXACTLY what the class action lawyers have been waiting for. If GTE somehow went to 3 or 4 bucks a share, the lawsuit would have been futile. Now, it has been shot square in the fanny and probably won't recover for a year or two.
I just roped the bull 3x at the top of the page. Now where is my plasma TV?????
No man should be considered totally useless....because he can always serve as a bad example.
