Php function in echo?

Hi I have a special problem ... I have three values from database.
Value1 is 1 or 0
Value2 is again 1 or 0
Value3 is remaining time like (24 hours left, 23, ...)

There valies are saved in variables:
$value1
$value2
$value3

These values are changing from DB every load from webpage. I have these values also in echo""; in php function already like:
echo"text text text .................
"Value 1 is:" . $value1 . " and value 2 is:" . $value2 . ""
..................;

What I need is a function that says fifferent thing like
if (value1=0)
echo "Only text"
else
echo "Value 1 is:" . $value1 . " and value 2 is:" . $value2 . ""; - this to be in another echo function from first example so in my way it looks like this:

*Some function*
echo"if (value1=0)
echo "Only text"
else
echo "Value 1 is:" . $value1 . " and value 2 is:" . $value2 . """; // two echo closing - but it does not worky any help here please how to solve this? thank you :-)