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Market Review: EchoStar Develops Products and Services for Cable
Industry
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:14052008
Streetinvesting.com has now resumed our progressive EchoStar Corp.
(NASDAQ:SATS) as it fell down $0.25 on below average volume early
trading Wednesday, May 14, 2008. Based on the Company's most recent
news release; we will be progressively reviewing the impact of the
markets and the effects of their developments. We will be providing
updates and analyst opinions as new stories unfold.
Make sure to visit www.streetinvesting.com to keep updated and signup
for free with no credit card for market reports and analytical plays.
Our research resources have been aimed towards the US Large Caps and
the various prospective companies therein EchoStar Corp. was among
those that we have been closely examining due to their recent news and
trading patterns. Sign up at www, streetinvesting.com for more
information on the company mentioned herein.
May 14, 2008, -- EchoStar Technologies L.L.C., a subsidiary of EchoStar
Corporation announced its entry into the cable industry with the
introduction of CableLabs Certified DOCSIS 2.0 SlingModem at CableNET
in New Orleans, La. Earlier this year, EchoStar Corporation spun-off
from DISH Network Corporation, retaining its set-top box business and
certain infrastructure assets. EchoStar purchased Sling Media last fall
and is now pursuing OEM relationships with cable operators worldwide.
As an operating entity of the publicly traded EchoStar Corp., EchoStar
Technologies L.L.C. spans 25 years of delivering innovations in TV
entertainment, products, and end-to-end systems. EchoStar services
satellite, IPTV, cable, terrestrial, and consumer electronics markets
worldwide by combining engineering, supply chain, manufacturing, and
service into one company. With over 1,600 professional employees
worldwide, EchoStar is focused, dedicated, and ready to service our
customers in creative and cooperative development efforts. Through
extensive experience with set-top boxes and end-to-end systems,
EchoStar is able to provide more competitive business strategies,
practices, and reduced product and operational costs.
EchoStar is headquartered in Englewood, Colorado, with operations in
Foster City, California; Denver, Colorado; Atlanta, Georgia; Steeton,
UK; Almelo, Holland; and Kharkov, Ukraine. Visit www.echostar.com for
additional information.
Streetinvesting.com will continue to follow the progress of this
company following their most recent news announcement. Visit
www.streetinvesting.com and signup free for our financial market
services.
At Streetinvesting.com, we bring our knowledge of the marketplace and
investment opportunities directly to our subscribers. As an
aggressive-growth research company, our strength and goal is bringing
distinctive trading opportunities and investment philosophies to
investors seeking a different and unique approach to investment ideas.
That's our goal. That's what we do. We are "The Word on the Street".
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All material herein was prepared by Streetinvesting.com, (Street
Investing) based upon information believed to be reliable. The
information contained herein is not guaranteed by Streetinvesting.com
to be accurate, and should not be considered to be all-inclusive. The
companies that are discussed in this opinion have not approved the
statements made in this opinion. This opinion contains forward-looking
statements that involve risks and uncertainties. This material is for
informational purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell securities. Streetinvesting.com
is not a licensed broker, broker dealer, market maker, investment
banker, investment advisor, analyst or underwriter. Please consult a
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mentioned.
Streetinvesting.com's affiliates, officers, directors and employees may
also have bought or may buy the shares discussed in this opinion and
may profit in the event those shares rise in value.
Streetinvesting.com will not advise as to when it decides to sell and
does not and will not offer any opinion as to when others should sell;
each investor must make that decision based on his or her judgment of
the market.
This release contains "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may", "future", "plan" or "planned", "will" or "should", "expected,"
"anticipates", "draft", "eventually" or "projected". You are cautioned
that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results
to differ materially from those projected in the forward-looking
statements, including the risks that actual results may differ
materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a companies'
annual report on Form 10-K or 10-KSB and other filings made by such
company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made as
of the date hereof and Streetinvesting.com undertakes no obligation to
update such statements.
CONTACT: Streetinvesting.com
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((M2 Communications Ltd disclaims all liability for information
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Copyright ? 2008 M2 Communications Ltd.
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