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Technology Stocks : Hughes Electronics (GMH)

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To: shoe who wrote (272)4/19/2003 1:50:19 PM
From: rrufff   of 277
 
It won't do any good to write management as they have a vested interest in seeing this go through. See, e.g. bonus payments, change of control, options,new jobs, etc.

It would be better to write pension funds, mutual managers and other instituional holders and asking them to get some backbone and vote against this deal.

I bought at 10 so I'm not going to lose but I think it's a crime how they have breached a fiduciary duty to GMH shareholders in my opinion.
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