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Technology Stocks : Echostar Comm. -- Ignore unavailable to you. Want to Upgrade?

To: John J. Thrall who wrote (607)	2/9/1998 9:32:00 AM
From: Noel	Read Replies (2) \| Respond to of 1394

The key to remember is that extra space assets have a value all their own. If all DISH did was to launch ECHO IV, replace I & II (thereby extending the life of its current bread-and-butter slot at 119) and then used I & II for general transponder rental, the value of having space assets is worth well over the cost DISH is paying to create them. And, if the 2-dish thing pans out, so much the better. So it is not that I question your math, but I think your "box" (ie. what is the business ECHO is in?) is too narrow... Regards, NOEL