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To: Tim McCormick who wrote (33825)6/12/1998 6:24:00 PM
From: John Rieman  Respond to of 50808
 
Here the press release. The boxes of EchoStar are not C-Cube based today. The headends and networks of Echostar are Divicom. It's a big win for Divicom. Let's hope they can get a piece of the boxes too.........................................

infoseek.com

"The new services will allow programmers to have 'one-stop' convenience in reaching their audiences without being a part of a proprietary DTH platform."

To create this innovative platform, Loral Skynet and EchoStar are combining portions of their space assets, ground networks, and digital distribution resources to launch an end-to-end transmission and distribution service for specialty programming that can be received by both DTH consumers and cable operators throughout the United States, including Alaska and Hawaii, and the Caribbean.

"EchoStar is pleased to have Loral Skynet as its newest partner," said Charlie Ergen, chairman and CEO of EchoStar Communications Corp. "This partnership offers EchoStar a wider breadth of capabilities in offering ethnic and business television programming and expands our distribution to the Caribbean and beyond."

In conjunction with the alliance, Loral Skynet will create a new transmission and distribution service that will combine its Telstar fleet space segment, compression, encoding, uplinking, format conversion and multiplexing to enable specialty programmers -- such as international channels, specialized channels, distance learning services and business television -- to cost-effectively distribute their programming to targeted audiences throughout the United States, including Alaska and Hawaii, and the Caribbean.

EchoStar will provide uplinking and distribution services from its facilities in Cheyenne, Wyo., as well as order processing, set-top box authorization, and billing from its customer service center in Denver, Colo. Niche Programming Offered Along With DTH Service

In addition, EchoStar will launch a new DTH service package that will enable consumers who subscribe to specialty programming to receive more than 20 of the most popular cable networks and several premium movie services.

Consumers in the United States will use EchoStar's next generation set-top box, a single smart card and a 90-cm dish. The DTH service will also be available to Caribbean residents who currently lack small dish access to satellite delivered multi-channel digital programming.

Loral Skynet and EchoStar have agreed that in the future, the DTH service and specialty programming customers in the United States will be able to subscribe to EchoStar's Dish Network(TM) using an additional antenna with the same receiver and smart card.

EchoStar will distribute the new DTH service and hardware through its existing North American network of over 12,000 hometown dealers.



To: Tim McCormick who wrote (33825)6/15/1998 11:11:00 AM
From: Brad Rogers  Read Replies (1) | Respond to of 50808
 
"Sentiment Bottom"

Friday June 12, 6:11 pm Eastern Time
ADR REPORT - Emerging market highlights - June

Robert Pelosky Jr., the global emerging markets coordinator at Morgan
Stanley
Dean Witter, said recent meetings with investors suggested that ''the
sentiment bottom in emerging markets is at hand.''
In a report, he said, ''I think we're in a transition year in (emerging
market) stocks and 1999-2000 could be among the best years since the
early
1990s.''

Here are some highlights among emerging market ADRs: