JYoung
G L 2814
join:2000-06-13
Sherman Oaks, CA
| reply to justin
Re: Lots of questions
Before you break out the champange, there's a couple of things you need to consider:
DirecTV is an separate company. It is wholly owned and operated by Hughes Electronics (which is owned by GM) but it is separate (at least the DirecTV employees considers themselves separate). How fast or how well any integration of services will go remains to be seen.
DirecTV has been up for sale for many months now. Several companies have been looking into purchasing them including AOL (primarily as a backup in case the Time Warner merger didn't go through), NEWS Corp(Fox-Murdoch), Viacom (CBS-Paramount), and Comcast.
http://www.latimes.com/business/cotown/20001213/t000118985.html
Hughes recently sold off their Space Satellite and Communications division (the guys who build and program the satellites) to Boeing. This seems like a key cog in a satellite based business
I'm not sure what's going on with Hughes buying Telocity when you consider that the internal Hughes scuttlebutt was that GM was dismantling and selling off divisions. It's confusing to say the least.
GM may just be trying to make Hughes look more attractive to outside buyers. When you consider that they originally purchased Hughes to beef up their automotive electronics, you do have to wonder.
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If you're wondering how he eats and breathes and other science facts, then repeat to yourself "it's just a show, I should really just relax" |
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Hayward
K A R - 1 2 0 C
Premium
join:2000-07-13
Key West, FL
| said by JYoung:
GM may just be trying to make Hughes look more attractive to outside buyers. When you consider that they originally purchased Hughes to beef up their automotive electronics, you do have to wonder.
Well, so long as the money keeps flowing from somewhere, to get it to a stable and profitable state, thats what counts. (So long as it's not AOL :/ )
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-Hayward
»haywardm.com (Hayward's Key West) |
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