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Technology Stocks : Echostar Comm.
SATS 73.74+0.3%3:59 PM EST

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To: Stoctrash who wrote (1088)7/8/1999 1:39:00 PM
From: David Alders  Read Replies (2) of 1394
 
Mutual Fund manager Jim Callinan, according to Tuesday's WSJ, "believes Echostar, with about two million subscribers, could grow to 15 million subscribers in the next four or five years. He values each subscriber at $4,000, a price that current deals are approaching in the industry. That would give the company a potential market value of $60 billion, up from its current $8 billion. So he figure the stock, which now sells for about $170, would be worth more than $1,000 in five years. 'It's the biggest no-brainer I ever saw,' he says."
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