DISH
DISHEchoStar-DISH shares rallied 7% since December on T takeover speculation-OP@GSCO
Goldman Sachs feels that while a merger would seem logical if IPTV proves ineffective, it may take some time since T seems to be on track for IPTV deployments in late Q2:06. However, the firm finds it "intriguing" DISH's CEO has moved 20% of his holdings into a GRAT (Grantor Retained Annuity Trust) which they note is typically used by closely held business owners to protect their Trustees from significant gift taxes without losing income taxes. GSCO feels this may signal a significant positive catalyst may be upcoming.
Goldman Sachs feels that while a merger would seem logical if IPTV proves ineffective, it may take some time since T seems to be on track for IPTV deployments in late Q2:06. However, the firm finds it "intriguing" DISH's CEO has moved 20% of his holdings into a GRAT (Grantor Retained Annuity Trust) which they note is typically used by closely held business owners to protect their Trustees from significant gift taxes without losing income taxes. GSCO feels this may signal a significant positive catalyst may be upcoming.
posted by Gordengekko at 11:28 AM
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