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Strategies & Market Trends : Three Amigos Stock Thread
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To: somatics1 who wrote (25006)5/15/2001 7:48:07 PM
From: Sergio H  Read Replies (1) of 29382
 
George, the RRRR deal will allow MTNT to clear about half of their debt from their balance sheet.

An interesting observation from MoneyDaily:

<It's a small world, isn't it? There are only two satellite
radio companies licensed by the FCC, Sirius [SIRI] and XM
Radio [XMSR]. Premier private equity firm Apollo owns a
slug of Sirius -- and now, it looks like Apollo is going to
own some XM, too. Motient [MTNT], which owns 15 million
shares of XM, announced that it's acquiring Rare Medium
[RRRR] (cool ticker), in which Apollo owns stock.>
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