I am waiting to hear "The SEC are a bunch of crooks" type
of statements from the same people who said similar things about the AMEX.
This was bound to happen, IMO. GTE just dangled the carrot and promised one too many things, without having anything behind it.
This will be the end of GTE as any type of viable concern. They will be lucky to survive at all, in fact.
Just my opinion.
I keep telling myself....deep breath....count to ten....try to answer without personal attack...present fact to back up your opinion.