This Squier Bullet 1 electric guitar is a very rare model of a Fender Squier, which has a stratocaster neck/headstock and a very unique, one of a king body. This one is in what would probably be called Olympic white color. These were made in the mid 1980's with an HSS configuration and 5-way switch. The pickup cavities are routed in from the front and there is an access panel for the electronics from the back, as this is not your usual Fender with the electronics attached to a pick guard. The tuners have "Fender" on them in red lettering, and the bent saddles are stamped "Fender."
I have owned this for about 7 years and time to let it go. Research shows this model selling for around $1000 on line.