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Technology Stocks : Echostar Comm.

SATS 82.11

+10.2%

3:59 PM EST

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To: Stoctrash who wrote ()	5/5/1997 6:04:00 PM
From: Alan Norton	of 1394

Subject: I'm In Hi again all. I have posted here in the past. At that time, I was watching and waiting for several events to occur before getting on board. I was also a GMH shareholder. Things change and since that time, the second (absolutely critical IMO) satellite is up and Mr. Ergen seems willing to partner. The stock price is down, and I picked today as my entry point. I have also sold my GMH stock due to GM statements concerning the sale of the Defense Electronics division to Raytheon. I may take a look again at the 'new' GMH which will be essentially the current Space and Telecom piece of Hughes. I still see a partnering arrangement as necessary to the success of DISH. Competing with DirecTV (GM/GMH/AT&T) will be no small task. The risk/reward looks good to me though at these prices and that is primarily why I bought today.

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