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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 (6293)2/12/2007 11:52:49 AM
From: i-node  Read Replies (1) of 8420
 
>>> IMO FWIW, they put this news out to try to benefit XMSR pps. Notice that XMSR isn't trading up either. Remember the news article complaining about SIRI going down on both good and bad XMSR news? Now they are trying another tactic, bashing SIRI.

Or, it could be just what they said -- that without a merger, Sirius is worth less and XM is worth more. Given that it is Sirius, NOT XM, so hot-and-heavy to merge, that sort of makes sense, does it not?

Frankly, I think they're giving SIRI the benefit of the doubt given the mess they've made by hiring Stern for 3/4 billion or more.
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