Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 20.65

0.0%

3:50 PM EST

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To: rrufff who wrote (4442)	6/2/2006 7:38:55 AM
From: rrufff	Read Replies (2) of 8420

<<Now compare this stunt with what Mel Karmazin is doing at Sirius. For the second time this year, he purchased 1 million shares of the stock on the open market. Bear in mind that Karmazin doesn't have to do this. Though Sirius has an executive stock ownership requirement, he passed the minimum long ago. That means there's only one credible explanation for his buying: He believes he'll receive market-crushing returns on his investment. I, for one, hope he's right.>> fool.com

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