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Technology Stocks : Hughes Electronics (GMH) -- Ignore unavailable to you. Want to Upgrade?


To: terracin who wrote (271)4/19/2003 1:47:12 PM
From: shoe  Read Replies (1) | Respond to of 277
 
I think converted Hughes stock will do well too, but I think that's it worth a try for GMH holders to write management and insist that they forego to $275 million bribe they are requiring to do the conversion. Hughes Electronics has enough debt already and still hasn't broken even.

Regarding the mandatory 17.5% tender, I also think that all GMH shareholders should get the same thing, not all cash for the pension holders and just stock for the rest of us.



To: terracin who wrote (271)8/29/2003 2:18:25 AM
From: terracin  Respond to of 277
 
hey guys, finally hughes might (will) be ....
worth something again. if this deal with murdock goes through-and it should because it's a win win situation all around. we'll have a real stock and not a tracking stock.
although for your 100 shs you'll receive 82.5 new shs of hughes,(unless it's in your gm pension fund and them you'll receive the new shs at 1 to 1) but atleast you'll have a real stock with a real mgmt team and someone on top (murdock) with vision.
i think this stock will fly