InvestorsHub Logo
icon url

ken w

06/14/06 4:15 PM

#28714 RE: DonG #28713

DonG, I agree that to sell a division would be the last thing GTE would want to do. But in the face of needing cash to continue, as mentioned in the 10Q, where will the cash for operations come from if 1. Chaterman doesn't exercise the options 2.GTE doesn't sell off a division. At 1.11 closing, don't think many Institutions would risk jumping in right now (assumption on my part) even with the AS going to 250MM. So where will operational cash come from?
icon url

multivalue

06/14/06 4:20 PM

#28716 RE: DonG #28713

Don, my understanding, which may be wrong, is that all divisions can function by themselves and be income producing but to create the 'superhub' which is the ultimate goal would not be achievable if sold off?