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Technology Stocks : Hughes Electronics (GMH)

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To: terracin who wrote (271)4/19/2003 1:47:12 PM
From: shoe  Read Replies (1) 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.
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