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Technology Stocks : Echostar Comm.

SATS 70.80

+0.2%

12:26 PM EST

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To: angryashell who wrote (1254)	3/9/2000 1:46:00 PM
From: Raymond Clutts	Read Replies (1) of 1394

Stocks often run up in anticipation of a split and then fall back somewhat (on an adjusted share price basis) after the split is concluded. This has nothing to do with the number of shares issued or any change in the company's underlying growth or profitability prospects. Its "just" investor psychology that causes this common phenomena. There is also no guarantee that it will occur after DISH's split since its share price has been improving so regularly and dramatically. If you want a better technical basis for judging how DISH is likely to continue to perform over a longer term (meaning from quarter to quarter) then I would recommend that you look at the number of new monthly subscribers that they have enrolled. Much of DISH income from subscriber fees and associated advertising income. Those numbers continue to be very good. Over the last two and one half years DISH has been my most consistent high gaining, long position. From what I can gather, the market perceives its growth prospects to have improved considerably of late since they announced their intent to begin offering high-speed, wireless internet access. For what its worth, I'd hold onto this position until I needed the money since that has so far proved to be the best alternative with this stock. You may want to put a stop loss under your current share price to insure that you don't lose these gains and still retain the prospect of taking further increases. William O'Neil the founder of Investor's Business Daily suggests that you sell if a stock falls 8% below your original purchase price. If you're trying to hold onto gains, you might want to put your stop in at 8% below today's price as one alternative. That 8% is used to avoid the prospect of selling a winner that has a slight downward hiccup while giving you enough downward momentum to be fairly certain that further price depreciation is coming. I hope this helps and that your initial investment and subsequent gains are there for you when you need it most. Good luck

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