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Technology Stocks : Echostar Comm.

SATS 74.92

+0.6%

9:33 AM EST

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To: Carter Patterson who wrote (756)	4/20/1998 8:53:00 AM
From: TERRY MURPHY	Read Replies (2) of 1394

Echostar is currently in a joint venture w/ DBS Industries (OTC BB: DBSS). DBS owns 20% of the joint venture (called E-Sat) w/ the option to go up to 80% for nominal consideration. E-Sat recently received a license from the FCC to launch LEO satellites into orbit. Supposedly, the license has tremendous value and DBS's market cap is a tiny $10M. Is this stock a steal or am I missing something?....Terry

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