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Technology Stocks : Gateway (GTW)

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To: Russell McGuire who wrote (7234)5/6/1999 10:39:00 PM
From: Bret P  Read Replies (1) of 8002
 
Hi Folks,
I'm not a regular on this thread. But just thought I'd toss
out a question. Anyone remember this?

EchoStar Communications Corp., Gateway
Collaborate on New Digital Satellite Technology
for Destination XTV

DISHLink TV System to Deliver Digital Satellite Television Signal

Las Vegas, Nev., Jan. 7, 1999 -- Gateway (NYSE: GTW), a leading convergence technology
provider, has announced a strategic relationship with the EchoStar Communications Corp.
(NASDAQ: DISH, DISHP) and its DISH Network to jointly develop an integrated digital
satellite receiver for Gateway's convergence line of PCs. Gateway and EchoStar will be
demonstrating the new integrated satellite receiver, DISHLink, on the Destination XTV at the
1999 Winter Consumer Electronics Show (CES), EchoStar booth #6011 at the Las Vegas
Convention Center, January 7-10.

Well, from what I am told this evening, the entire thing has
completely fallen through. The contacts at DISH maintain that
it was GTW that backed out. GTW CSRs can't comment except
to confirm that the deal is off.
I've also posted to the DISH thread.
Curious as to what happened?
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