1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

DirecTV Drops Suit Against DISH

Discussion in 'General DISH™ Discussion' started by Chris Blount, Jun 30, 2004.

Thread Status:
Not open for further replies.
  1. Chris Blount

    Chris Blount Creator of DBSTalk Staff Member Administrator DBSTalk Gold Club

    17,308
    28
    Jun 22, 2001
    DirecTV said it sent notice to the U.S. District Court in Los Angeles that it's withdrawing the false advertising claim it recently filed against EchoStar.

    DirecTV claimed EchoStar was using false advertising to mislead Pegasus customers into believing they would lose DirecTV service due to the legal skirmish between the companies. Since EchoStar has agreed to stop using the ads as a result of the lawsuit, DirecTV has withdrawn its claim, the satellite TV company said in a statement. EchoStar also instructed its dealers to stop using the ads, DirecTV added.

    "While we're pleased with the corrective action taken by EchoStar, the case will be dismissed without prejudice so that, should EchoStar resume any form of misleading advertising, we will seek appropriate relief from the court," DirecTV said.

    The case - and the EchoStar advertising - got tangled within the legal proceedings involving DirecTV and Pegasus. A number of Pegasus subsidiaries are in Maine bankruptcy court, which has become the venue of the DirecTV/Pegasus spat and the fight over whether Pegasus can retain is exclusive deal to sell DirecTV in rural territories. DirecTV has been working to sell its service directly to consumers in Pegasus areas.

    http://www.skyreport.com (Used with permission)
     
  2. Darkman

    Darkman Hall Of Fame DBSTalk Gold Club

    6,900
    0
    Apr 16, 2002
    lol :)
    sat. politics/games...
     
  3. Chris Freeland

    Chris Freeland Hall Of Fame

    1,660
    0
    Mar 23, 2002
    I am glad that E* dropped the adds, to bad it took the threat of a law suit to make them see the error of their ways on this one. :)
     
  4. mainedish

    mainedish Hall Of Fame

    2,196
    0
    Mar 25, 2003
    Don't mess with the big boys charlie.
     
  5. jasonbraci

    jasonbraci New Member

    2
    0
    Jun 23, 2004
    I feel E* should not mess with D*,coz E* is doin gr8.
     
  6. mainedish

    mainedish Hall Of Fame

    2,196
    0
    Mar 25, 2003
    May want to ask the stockholders how they feel about that.
     
  7. Darkman

    Darkman Hall Of Fame DBSTalk Gold Club

    6,900
    0
    Apr 16, 2002
    If down.. maybe good opportunity to buy :D
     
  8. mainedish

    mainedish Hall Of Fame

    2,196
    0
    Mar 25, 2003

    Or like I did,, SELL SELL SELL , about 2 years ago 3000 shares .
     
  9. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

    45,324
    914
    Apr 17, 2003
    Michiana
    06/28/02 Close: 18.5625
    06/29/04 Close: 30.39

    $11.8275 increase per share @ 3000 shares = $35,482.50

    Invest for the long haul ... :lol:

    JL
     
  10. mainedish

    mainedish Hall Of Fame

    2,196
    0
    Mar 25, 2003
    But the stock I bought to replace dish out performed dish by a large margin.
     
  11. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

    45,324
    914
    Apr 17, 2003
    Michiana
    That's good. The Dow Jones Industrials have only gone up 12% since the low point in June of 2002. Echostar went up 63% in the same time period. Glad you found something better.

    (The Nasdaq went up 31% over roughly the same period.)

    JL
     
  12. mainedish

    mainedish Hall Of Fame

    2,196
    0
    Mar 25, 2003
    thanks
     
  13. BurgEnder

    BurgEnder AllStar

    68
    0
    Aug 14, 2003
    Yeah, ask any Tivo stockholder.
     
  14. Jason Nipp

    Jason Nipp Analog Geek in a Digital World Staff Member Super Moderator DBSTalk Gold Club DBSTalk Club

    10,063
    2
    Jun 10, 2004
    Northern...
    Sounds like a publicity stunt to me. :D

    Jason
     
  15. Darkman

    Darkman Hall Of Fame DBSTalk Gold Club

    6,900
    0
    Apr 16, 2002
    hehe - to draw some more attention to both parties involved :)
     
Thread Status:
Not open for further replies.

Share This Page