《S&P 500 (459 to 440) - 6 Extremely Interesting Investing Stories (PNW, SOLV, GNRC, ECHO, GEN, IVZ)》
AI 摘要 · EchoStar 的传统业务正在下滑，现金流糟糕；UBS 给出的分部估值目标价 156 对 90，取决于其 SpaceX 持股。说话者认为 SpaceX 的价值将归零，剔除 SpaceX 后 EchoStar 价值不超过数十亿美元，而当前交易价更高，因此风险较大——不过看好 SpaceX 的人可以在这里以更低价格买入。
说到 AI 押注，有一个涉及 SpaceX 和 EchoStar 的价值投资，这两家都是卫星、电视之类的老业务，全都在走下坡路，看起来状况很糟。
Speaking of AI bets, there is a value investment involving SpaceX and EchoStar, which are older businesses like satellites, television, and others, all of which are in decline and look to be in bad shape.
然后股价从 25 涨到 90，甚至更高到 140，现在又跌回了 90。发生了什么？所有业务都在下滑，但你看无线通信这块，他们有什么？他们拥有无线电频谱。现金流很差，一切看起来都很糟。
Then the share price rose from 25 to 90, and even higher to 140, and then it has now dropped to 90. What happened? Well, all businesses are in decline , but when you look at wireless communications, what do they have?
They own the radio spectrum. The cash flow is bad, and everything looks bad.