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

To: TERRY MURPHY who wrote (757)4/20/1998 11:25:00 AM
From: Carter Patterson  Respond to of 1394
 
What are they going to do with the LEO satellites????

Phones, paging, two-way DBS??? If I read your message right, Echostar would then own 80% of the current venture but they may have to sell 60% of the venture to DBS if it turns successful.

The IRIDF and Globalstar LEO Satellites will be revolutionary to the way the world communicates in 10-15 years. I'm not sure if any of this will effect DISH's core business.



To: TERRY MURPHY who wrote (757)4/21/1998 8:56:00 AM
From: Noel  Read Replies (1) | Respond to of 1394
 
I would be very shocked if you are right about the option, Terry. Charlie just never, never gives up controlling interest. It is a rule. And with his knowledge of the value of orbital slots, I don't see Charlie taking the risk for somebody else's reward. Now, if you said Echo held 20% with an option to go to 80% with DBS Industries doing the legwork, that I'd buy...

Regards,

NOEL


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