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Non-Tech : GM - General Motors -- Ignore unavailable to you. Want to Upgrade?

To: David C. Burns who wrote (245)	1/13/2000 3:02:00 PM
From: michael	Respond to of 543

My message 243 about UBS on Venture (Canada) moving in the last few days. Big volume over 4million shares. Something must be up with Hughes, GM and Unique (UBS)

To: David C. Burns who wrote (245)	1/14/2000 2:47:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 543

re: Message 12389119 This is part of what I meant: The Wall Street Journal Interactive Edition -- January 14, 2000 Today's Investors Value GM Far More for Hughes DirecTV By GREGORY L. WHITE Staff Reporter of THE WALL STREET JOURNAL DETROIT -- General Motors has become a satellite-communications company with a unit that also makes cars. At least that's the way Wall Street sees it. At current prices, GM's 68% holding of the tracking shares in Hughes Electronics, best known for its DirecTV service, is valued at $32.6 billion, about twice as much as the rest of the company -- the largest auto company in the world -- which the market prices at $16 billion, or somewhere around three or four times expected year-2000 earnings. Boeing to Buy Hughes Unit From GM for $3.75 Billion This figure actually overstates the value of the car business, according to some analysts, because GM also is getting a 19.9% stake in Commerce One, an online-auction company with which it is setting up an Internet marketplace for suppliers. The market value of that stake now is $2.9 billion.... interactive.wsj.com