Strange variable asignement in bash script

[Juan Sierra Pons <flipaxos-listas@yahoo.es>]

Hi guys

I've finished a very simple script to manage some remote servers in bash. My 
script works for 1 host and all test or for 1 test in all hosts... the 
problems is when i try to make a loop to make it for all test and hosts.

I have 2 variables with some values
TEST="service1 service2 service3"
HOSTs="server1.mynet server2.mynet server3.mynet"

I want to do something like this;
for I in `echo $TEST`
 do
  for J in `echo $HOSTS`
   do
   .....
   .....
   .....
   $TEST.$HOST="some value"
  done
done

the result must be:

service1.server1.mynet="some value"
service1.server2.mynet="some value"
service1.server3.mynet="some value"
service2.server1.mynet="some value"
service2.server2.mynet="some value"
service2.server3.mynet="some value"

..... etc.

I have quite experience with bash... But this is the first time I see that 
problem I can't create a variable like this $TEST.$HOST in the left side of =

anyone can help me to handle this?

Thanks a lot!

   Juan
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