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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 20.77-2.2%Dec 19 9:30 AM EST

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To: HEXonX who wrote (6217)2/7/2007 1:00:20 AM
From: Art Baeckel  Read Replies (1) of 8420
 
<9) Howard Stern, as much as I personally detest him, has done wanders for SIRI. I think it was the best move they could have made, and I don't think the price tag was too high for what he was able to do. >

Seems as though this person feels Sterns contract was a good move despite the price. I really don't think this was a concern to Mel before taking the job and has not spoken against this deal in anything I've read. Remember, for Stern to get these monies certain goals had to be reached. They were reached and he is paid. I see it no different than any of the the many negotiated contracts that go on the real world.I'm a firm believer SIRI wouldn't exist today w/o a Stern deal. IMO

ART
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