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Technology Stocks : Satellite Stocks - USSB, CQ, SPOT, QCOM, etc.
QCOM 180.90+2.1%Oct 31 9:30 AM EDT

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To: d[-_-]b who wrote (139)12/6/1996 12:49:00 PM
From: John Donahoe   of 222
 
WSJ Friday, DEC 6:

Here are some snippets from to day's WSJ regarding Hughes Electronics (GMH):

"Hughes's Chairman, C. Michael Armstrong, is passionate about developing the company's satellite operations........investment bankers and others closely tracking the developments say an auction of Hughes's defense business would be held as part of a bigger dismantling of the company. GM and Hughes would be most likely to try to merge Hughes's Delco Automotive unit with GM's Delphi automotive division,....while simultaneously shedding the defense unit.....
...It remains unclear what GM would do with Hughes's remaining satellite and communications business."

Any Thoughts?
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