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Strategies & Market Trends : The picks

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To: Shawn Murphy who wrote (1280)1/9/1997 10:11:00 AM
From: Shawn Murphy   of 6124
 
***** To ALL ******* GMH News ........................

BEFORE THE BELL - Hughes( GM Hughes Electronics Corp )seen
up, Dell rises

NEW YORK, Jan 9 (Reuter) - Hughes Electronics Corp ( GM Hughes Electronics Corp ) shares are expected to
open higher Thursday after the company reportedly received a bid of $9 billion for its defense assets from
Raytheon Co, traders said.

Today's Wall Street Journal reported that according to sources, Hughes also received a bid for the defense assets from Northrop Grumman that is $200 to $500 million above the Raytheon offer.

Hughes shares finished Wednesday NYSE trade at 61.

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