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Technology Stocks : Echostar Comm.

SATS 68.66

+2.1%

Nov 21 3:59 PM EST

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To: Goodboy who wrote (804)	5/13/1998 8:27:00 PM
From: P.M.Freedman	of 1394

The blocking of MCI-PrimeStar deal may only benefit DISH for a short term. DISH really needs to get more subscribers. It will be very tough to get subscribers who live in cities because of the readily available cableTV. MSFT's investments were the real reason to make TCI up. MSFT's WebTV that combines TV and internet together will draw more subscribers for cable TV. DISH needs a partner like MSFT who has deep pocket. So far, DISH have to rely on continuously issuing convertible bonds to get cash. This will keep investors away. Does anyone know who was the major underwriter for DISH's series preferred stocks?

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