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Hughes Electronics Corp. (GMH) Message Board

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  • hitofly60 hitofly60 Apr 10, 2003 9:43 AM Flag

    prices dropping?????

    The street doesn't like it don't ask me why. the product is good and we will be fine in one year. Might seem like a long time but it is not.

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    • What's a realistic time frame for completion of this deal?
      I've been holding this stock for 3 years when the possibility for a deal was first announced.
      Purchased at $33 and watched patiently as GM squandered their opportunities. I have very little faith in their wisdom. Actually in retrospect they appear to be morons. Murdoch offered 25 billion and they went with Dish's 18B even though they had to realize this was a long shot. Now they are happily accepting 6.6B.
      What a deal!! Good riddance GM you idiots. Murdoch can't be that bad and he's proved to be much shrewder then the directors at GM.

      Good Luck All!
      Let's hope for better days.