Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?

To: camtriso who wrote (1697)	1/21/2005 10:12:46 PM
From: i-node	Read Replies (1) \| Respond to of 3386

A classic example happened very recently. XM bought another company and has not made a filing with the SEC. I think you're jumping to conclusions. First, the filing would be due on Monday, if at all. But for an asset acquisition, the materiality limits are 10 or 15% -- certainly, this tiny business is not of sufficient size to amount to 10% of XM's assets. They may make a filing, but I don't think they would be required to file. The fact that SIRIUS did not file relative to toyota, and XM's filing was dealing with the data services does not mean that XM and sirius do not have deals with toyota. Hey, I'm not a securities attorney. Logically, I think if Sirius had entered into ANY agreement with Sirius it would be, at a minimum, an "Other Item" that would require disclosure. They certainly saw fit to file one when they entered into the deal with Penske.