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Satellite TV: EchoStar No Cheaper than DirecTV (SeekingAlpha via Yahoo! Finance)

February 28th, 2007 by

Eric Savitz submits: There were two research notes yesterday from analysts bearish on the satellite TV stocks with similar conclusions: DirecTV looks cheaper than EchoStar . Craig Moffett, an analyst with Bernstein Research, advised unwinding a previously recommended pair trade, in which he had suggested going long EchoStar [… ]

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