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Dish Network Corp. Message Board

  • DAL243576 DAL243576 May 5, 1998 6:17 PM Flag

    dish on the move again

    Looking for $19 (again) to buy and plan to ride it (again) to about $26 by month's end.

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    • I've been hoping for another chance to buy @ 20. What do you think will drive it to 19 ??

      • 1 Reply to tikker_taper
      • It's been flying on a prayer since the start and
        while the longer
        it remains aloft the better it's
        chances are, it's rough sailing ahead.
        At first
        packaged (1 year) programming was sold with the units,
        money that was spent before it was collected, and since
        then, promos on top of promos.
        During the first
        quarter of 1998 most dealers were unable to get
        equipment, all systems as well as standalone receivers were
        back ordered for some time. Some dealers waited as
        long as three months for their orders to be filled. It
        was said to have been a supply and demand
        There are still promotions on top of promotions right
        now. Would you be giving your equipment away if you
        could not supply it fast enough to meet demand? I don't
        think so.
        Hughes' pockets are much deeper, they
        could afford to give their equipment away and probably
        would if they thought there was something to worry
        about. Something is not right.

    • The prospects have improved significantly and the
      much of the long term risk has been wrung out of this
      stock since it last touched 19....however, a bad launch
      in the short term and/or a 10% market correction
      could get you close to it...but I wouldnt hold my money says that 30 is a higher probability than
      19 from here.... and I just put 20% down on a house
      from trading profits I made on this stock.

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