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Technology Stocks : Echostar Comm.

SATS 71.26

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Nov 11 3:59 PM EST

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To: IN_GOD_I_TRUST who wrote (960)	1/14/1999 8:19:00 PM
From: Street Walker	Read Replies (2) of 1394

BEST NEWS OF ALL biz.yahoo.com --acquisition of the last national license to beam TV and other services directly to homes via satellite. ---''The transaction will greatly increase EchoStar's capacity to transmit video programming and will enhance its ability to compete aggressively and effectively against other distributors of multichannel programming, including the cable companies that dominate these distribution markets,'' the department said in a filing to the FCC. News Corp. and MCI, however, will be investors in EchoStar. Together they will have a 37 percent stake in the company and 8.5 percent of its voting rights.

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