Wednesday, April 4, 2007

Positive News for Dish

Echostar Communications(DISH), a company I've recommended here earlier, got some positive news yesterday. They announced a partnership with Google (GOOG) in which Google would sell and choose advertisements to be shown on Dish Network. Google really spiked on the news, and Echostar has continued its nice run, up 10% from where I recommended it a few weeks ago. Dish Network competes with DirecTV, but has carved out a good niche in the market, and couple see potential of a merger or buyout in the future.

To view the complete announcement, click here.

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