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Author: dsinclair Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 344  
Subject: Re: New Investor Date: 7/3/2000 5:36 AM
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1cat2cole:

Your shares of GTE stopped trading with the stock market
close on Friday. The merger of GTE and Bell Atlantic
will begin trading on Monday under the name Verizon with
the stock symbol VZ. If you care to you may go back a
few posts on this board for more info. You need do nothing
with your GTE shares. They will become VZ at a ratio of
1.22 shares of VZ for each share of GTE that you hold.
As I understand it you will also get $.02 per share in
cash and perhaps some special dividend from GTE. Hang on and
hang here around you can learn a lot on these boards.

Since you just got you GTE stock you may wish to determine
the value of it when it was gifted to you. This will be
VERY important down the road if you decide to sell some
or all of your Verizon shares.

good investing
dsinclair


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