Hughes Electronics (GMH) Message Board

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To: Clean who wrote (199)	11/6/1999 2:55:00 PM
From: Frank Walker	Read Replies (1) of 277

Some people over on Yahoo message thread think GMH and DISH might drop because the President threatened to veto the local stations bill if it is not modified. The stocks may have gone up partly in last few weeks because of high hopes on getting the bill passed "as is". Actually Clinton's views would be favorable to DISH and GMH (he wants satellite to be able to compete with cable with no anti-satellite bias in the bill) but it might be hard to change the bill at this time. I think the key thing to watch is the monthly subscriber growth numbers, which have been great, and will probably continue. Also profitability is on the horizon with DISH, so my guess is the stock uptrend will continue for at least a year, but maybe not so steep. GMH probably will edge upwards, too, with some fireworks if GM spins it off (next year?). I'm gonna hang onto both and maybe buy a little more DISH if it drops next week. ILG