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Technology Stocks : Echostar Comm.

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Nov 3 3:59 PM EST

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To: John Pitera who wrote (1370)	7/5/2002 11:17:46 AM
From: Ron	Read Replies (1) of 1394

DJ EchoStar/Gemstar -2: Ruling On Three Additional Patents 03 Jul 16:20 LITTLETON, Colo. (Dow Jones)--A U.S. District Court ruled EchoStar Communications Corp. (DISH) didn't infringe on any Gemstar-TV Guide International Inc. (GMST) products - the second time in two weeks. In a press release Wednesday, EchoStar said Judge Lacy H. Thornburg in the Western District of North Carolina ruled that none of EchoStar's current products infringe any of three additional patents. Thornburg requested additional information before reaching a final ruling regarding a low-volume product which is no longer in production. The patents, asserted by Gemstar and SuperGuide Corp., concern certain electronic program guide features. Shares of EchoStar closed Wednesday at $16.04, down 47 cents, or 2.8%, on Nasdaq volume of 5.7 million shares. Average daily volume is 4.2 million shares. On June 25, shares of Gemstar fell sharply to a 52-week low of $4.75 after the provider of television program guides lost a battle over on-screen program guide patents. Shares of Gemstar closed unchanged Wednesday at $5, on Nasdaq volume of 4.1 million shares. Average daily volume is 6.3 million shares.

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