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Technology Stocks : Echostar Comm.

SATS 106.83

-1.8%

3:59 PM EST

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To: Tom Cribben who wrote (218)	4/11/1997 1:49:00 PM
From: Carl T Hammerdorfer	of 1394

Sounds like a bullshit rumor to knock dish down even more. Here's the company's response. Fear of shareholder lawsuits would prevent them from making this categorical a response if it weren't true, no? Good buying op in this down market. Business Wire - Quotes ] Friday April 11 9:37 AM EDT EchoStar Communications Corp. makes announcement ENGLEWOOD, Colo.--(BUSINESS WIRE)--April 11, 1997--The following is a statement in response to the article in the USA Today, April 11, 1997, by Echostar Communication Corp : "As previously announced, the company has a binding agreement with The News Corp. Ltd. Discussions, such as those described in the USA Today article, would be inconsistent with that agreement. The company expects the transaction to proceed in accordance with the agreement." CONTACT: EchoStar Communications Corp. Judianne Atencio, 303/799-8222 x5112 E-Mail: atenjud@echostar.com

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