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Technology Stocks : Echostar Comm.
SATS 73.51+4.0%3:59 PM EST
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To: Stoctrash who wrote (1235)2/1/2000 4:02:00 PM
From: Raymond Clutts  Read Replies (1) of 1394
 
I am and have been long both to the tune of approximately 3000 shares apiece on average since 11/98. There has been a rather strange share value curve inversion on the rate of appreciation recently. Punch both GMH & DISH up on the SI charts and you will see that for the first time in mid-January GMH began to appreciate at a rate faster than that of DISH. I suspect that if you watch both companies per subscriber valuations will be pulled toward each other (up for GMH and down for DISH) as GM comes closer to spinning Hughes out in the next two to three quarters.

Yesterday I agonized about simply trading out of DISH and into GMH and today I settled instead on (just now) buying 500 more shares of GMH at 106. That should leave me as a nonpartisan observer in the GMH v. DISH wars. Or is it more like being a parent who loves both their very lucrative little kids?
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