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: i-node who wrote (3279)	2/25/2007 5:09:12 PM
From: pcstel	Read Replies (1) \| Respond to of 3386

Shares of Sirius, meanwhile, which just a year and a half ago were worth less than XM’s, had leaped, partly on the back of high-profile deals like the one it signed with Howard Stern. Exactly.. Yet, somehow.. You have gone on an on about what a horrible deal the Stern contract was. However, only #~350 miillion has been payed out, and Sirius management monitized the delta of almost 1 BILLION dollars in the market cap into shareholder value, and used it to buy XM.. Something Sirius never could have done without the Stern deal. Mr. Ray will never be able to claim that the Stern Deal was horrible for Sirius shareholders anymore. PCSTEL