Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 21.80

+1.8%

11:34 AM EST

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To: John Carragher who wrote (1203)	12/8/2004 12:07:33 PM
From: i-node	Read Replies (1) of 8420

>> Roger Penske, didn't know he was a team player with sirius SIRI gave Penskes options on something like 38 mln shares to get them to "play". What they got was a foot in the door with Toyota they'd never have had otherwise. But it is a very small "foot in the door" -- Penske will be able to dealer/port installs, but these don't amount to large numbers of subscribers. Clearly, XM's technology superiority won out with Toyota. If people want the data services, they're going to have to have XM, and Penske will only fight that for so long.

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