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Technology Stocks : Sirius Satellite Radio (SIRI) -- Ignore unavailable to you. Want to Upgrade?

To: sixty2nds who wrote (4458)	6/5/2006 11:45:11 AM
From: HEXonX	Read Replies (1) \| Respond to of 8420

Maybe. XM management seems to be spun off from engineers and technicals instead of marketing. They currently are in a legal issue which could easily be solved if they merge with Sirius and work under Sirius's settlements.

To: sixty2nds who wrote (4458)	6/5/2006 4:42:45 PM
From: rrufff	Respond to of 8420

The devil is in the details for any prospective merger, as is typical. 1) Is the technology compatible? I had read that it wasn't but that was years ago and perhaps that's not true today. 2) Valuation - given SIRI's premium valuation, XMSR likely would be giving up control in a merger and admitting, in essence, that management had snatched defeat from the jaws of victory. 3) Capital structure and future financing costs a major benefit of any merger obviously, at least from SIRI standpoint and likely XMSR. 4) Great jobs and perks for management - that's always the key. Mel's a billionaire so he's not dependent on this, but everyone else in both companies will only go along with a merger that gives them more guaranteed perks.