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Technology Stocks : Echostar Comm.

SATS 82.11

+10.2%

Dec 5 9:30 AM EST

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To: Carey Thompson who wrote (312)	6/11/1997 3:48:00 PM
From: Stoctrash	of 1394

Not so fast Rupert..... biz.yahoo.com U.S. FCC to scrutinize News Corp-PrimeStar deal WASHINGTON, June 11 (Reuter) - The decision by Rupert Murdoch's News Corp Ltd (NCP.AX) to team up with PrimeStar Partners to offer satellite television will get ``close scrutiny'' from the Federal Communications Commission, an FCC official said Wednesday. ``It is a major development in the market,'' Peter Cowhey, head of the FCC's international bureau, told Reuters. ``It will get close scrutiny.'' PrimeStar, a satellite-dish TV service owned by the biggest U.S. cable operators, said it would restructure into a public company that will include U.S. satellite assets from News Corp and MCI Communications Corp (MCIC).

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