Hughes Electronics (GMH) Message Board

4/21/1998 6:25:00 PM

I don't have much insight to the company anymore. But someone must really like it. The share price just keeps marching forward. I usually don't keep stocks with PE's over 40. I confused with how GM said the shares have a PE of 10 in their first report (after selling of the defense related items). The business of building satilittes and Direct TV are both booming. So I plan to hold on until a see some type of turnaround (10% drop) in the shares! I have no target sell price and could probably use one.