Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 20.33

-1.3%

3:59 PM EST

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To: 2MAR$ who wrote (3507)	1/12/2006 8:58:57 AM
From: Esoteric1	Read Replies (2) of 8420

On SIRI, How about Merrill Lynch? Shares of Sirius declined 4-5% this morning after Sirius filed a registration statement for the 34.4mm shares of stock awarded to Howard Stern (31.25mm) and his manager, Don Buchwald (3.125mm). While the market appears to be interpreting the filing as intent to sell shares by Howard Stern and Don Buchwald, we stress that the filing is to register the shares, not to signal a sale. We recommend using this decline as an opportunity to add to or build SIRI positions. getsiriusinfo.com

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