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Technology Stocks : Echostar Comm.
SATS 71.26-3.4%Nov 11 3:59 PM EST

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To: Eric Appleby who wrote (944)12/3/1998 7:14:00 PM
From: Frank Byers  Read Replies (1) of 1394
 
That news about the collar is nice to know, wasn't in the press releases I saw. How did you find out about it? I believe it will in fact put a lid on the stock, as Rupert and boys are probably shorting the shit out of it right now and will pay back with their shares after the deal is done. Unless Charlie put in some sort of anit-manipulation clause in the agreement that prohibits them shorting the shares they will be doing it. It's easy money. The only thing that will keep this one up is more analyists coming out with buy recommendations and big subscriber growth in November and December.

When is the deal suppossed to close?

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