I stole this from the Silicon Investor
Mutual Fund manager Jim Callinan, according to Tuesday's
WSJ, "believes Echostar,with about two million
subscribers, could grow to 15 million subscribers in the next
four or five years. He values each subscriber at
$4,000, a price that current deals are approaching in the
industry. That would give the company a potential market
value of $60 billion, up from its current $8 billion.
So he figure the stock, which now sells for about
$170, would be worth more than $1,000 in five years.
'It's the biggest no-brainer I ever saw,' he says."
Kbaby, take a look at this Bloomberg news
buy it while it is still cheap! 100 millions +
Hong Kong, July 16 (Bloomberg) -- Loral Space &
Communications Ltd., a U.S. satellite manufacturer, may buy a 20
to 30 percent stake in APT Satellite Holdings Ltd.,
a China- backed satellite operator, the Hong Kong
Economic Times newspaper reported, citing the Electronic
Times Network, a Hong Kong Chinese-language news wire
service. A Merrill Lynch research report also said Pacific
Century Regional Development Ltd., the Singapore-listed
property and insurance arm of Richard Li's Pacific Century
Group, is interested in becoming a shareholder in APT,
the paper said.
APT shares rose 4.32
percent to HK$6.05 yesterday.
I've been in since 18 and it's been a helluva
ride, but I agree it may be slowing for now unless
Charlie has a wildcard to play. Something like a
partnership with a major telco, internet, etc. Watching and
waiting for now...
I recently unloaded 3k shares (total Long
Position I have held since 17 1/4. I have chosen to
continue to day trade this stock and not short it. Looking
back at the downgrades and targets reached @150, the
stock had fallen to 145 on this negative news but had
risen to 164 (19 pts better) while a few shorts covered
on 7/12/99. The true support at present is about
151. Either this stock is going to make and beat its
highs prior to its upcoming split or lose moemntum
after the split. Now we may see a few bargain hunters
entering the forum after the split on 7/19/99 which may
very well lend rise to the stocks price short term.
I'd watch this 151 support and especially when the
stock gaps up in the morning on positive futures to see
if these gap ups are sustained. Over the last two
trading days with good futures and good reports, (CPI)
dish has not held up. This is a good time to eyeball
this stock at its current 155 price and see where it
goes. The lack of volume may be due to the summertime
blues but overall as a dish subscriber, the CORP needs
to produce or head towards a positive QER in the not
too distant future. I bought a small position in dish
today and will eyeball the stock on level two tomorrow
in premarket and to the close.....
soon as i get some more credit card
applications in the mail, i'll be
shorting this one again!!!
you'll see kell and tank and i, flying
in our private lear jet to lou's fla. Pad!!
investor of all time. He must be right. I shorted
this thing all the way up from 22 6 months ago!
However, since I am such a brilliant investor, I was long
at the same time. Through all this volatility I'm
only down $39.90 in commissions!!!! Can't do much
better than that!
stock short term as nobody can predict that. Long
term, this baby is going up. I bet my retirement on
But to GUESS at the short term, 120 bucks is 60 bucks
a share post split. Thats sounds like a bargain and
if it every touchs that low point, I am positive
that buyers will come in at that price and push the
stock to new all time highs. However, Too much
accumulation in the 150s to go down to that level.
could be wrong but I don't think so.
your friend, weren't you 2 the same brains that
could not find the Merrill Lynch/DISH
My Boss' Son happens to work at ML, mailroom I
Thanks for the advice...breaktime's
For all of you rich people who owned DISH now is
your time to get rich again. NETS is poised to take
off. UP 3+ today and climbing. Price target set of $50
12 months and $130 past that. At less than $25 it is
a steal. They have a web site to be launched next
month and by then it will be too late. Get in today!!!
A friend of mine has the inside scoop on this
stock and he says that will go down to 120 pretty soon.
Now, I'm not saying that this is going to happen...you
know the whole buyer beware thing...but this guy has
been right in the past. So, you should consider this
and the future of you and your kids.