DISH Stock ?

[Cheyenne]

Anybody watch DISH stock this morning?
I think the QI results have something to do with it.

[Richard King]

Take a look at XMSR today also, and on a smaller scale SIRI. Somethings up with satellite lately.

[BobMurdoch]

To save us from digging.... What is going on? Is it spiking up or down?

[Richard King]

up, up and away.

[Frapp]

Today ( 05/19/03 ) Dish is down a dollar @ 30.29

Anyone who has been holding it since or before the first Clinton market crash of March 2000 may have been better off selling like many of the Echostar executives did in the last few weeks. Although some may remember DeFranco sold millions of dollars off in late 1999 before the March 2000 event and pocketed a bundle. Now how did he know :scratch:

IMHO.... I really am not sure that Dish will go much higher than recent numbers show. If it does it will probably be for a very short intra-day trading period.

A few years ago some remarked it would bust $100.00 ps after the last split, but I think about $77.00 ps was as close as it got and then for only a very short time.

If Charlie and Echostar were not such sweethearts of Wall Street all these years, Dish probably would not be as high as it is today. Also, not to mention the fact that Echostar will probably be sold or merged with another company in the future :shrug:

I sold my shares after the last split. After watching it sink more than $22.00 ps in one day back in March 2000 ( I believe ? ), I sold mine after it made a decent recovery ....... and am GLAD I did :)

[tampa8]

It seems to me satellite has a rosey picture for the furture - with one exception - local network HD. Their prices are lower in almost every instance and sometimes by alot over cable. Capacity seems to becoming a non issue for Dish, and probably one way or the other for Direct also. They both still have overall better customer care than cable, though cable seems to be improving. I invision DBS becoming more and more mainstream but the local HD problem may have to be solved. When the time comes that enough people come to expect locals in HD DBS will have to have an answer, but till then I don't see why the Dish stock should have any problem, barring a catastrophe. (lost satellite, etc....) TWC has become something called "Home Bright" I think in Florida, and comparing their price from their site to what I pay for on Dish the difference is $20 a month more for cable. (In Pasco -Top 150 with HBO/MAX, locals and three boxes, VS their digital package with HBO/MAX, and the encore themes pack, and three boxes) The difference is TWC has more HBO/MAX channels, and already has two locals in HD. (well, only one - Fox is not HD - and they do have the ABC affiliate.) They claim they will have all four networks in HD. Forgetting the extra HBO/MAX channels, is the eventual four (three) networks in HD worth the $20? That is probably the biggest issue for cable - pricing. (I say forget the extra movie channels because I believe given enough time Dish and Direct will add some of the them and/or most will decide they don't warrant the extra $20 a month.) By the way, their new feature of HBO on demand where you can pick from "150 hours" of programming to watch "On demand" costs another $7 a month and it appears it is not in HD.

[John Walsh]

there has been a lot or recent insider selloffs most likely because of the recent increases in the stock prices. The big wigs just want to get their money and when they do it will quite often rattle the cages of some of the individual investors

[Jacob S]

Perhaps they want to sell high then buy low again. Has anyone seen them go back in and buy back a bunch of stock again?

[BobMurdoch]

They don't need to buy any. Most of the big wigs get stock options, which don't hit the bottom line for most companies who don't expense options.

They are just cashing in while the market is on a temporary hot streak. The fundamentals don't justify the movement we've been seeing and they are merely taking advantage until the market comes back to its senses.

Even XM Radio is up 500% in the last few months. The fundamentals don't justrify it right now, but it is a momentum play as a lot of smart people are predicting that XM will win the Satellite Radio wars (the subscriber numbers would tend to bear out that theory).