8 Votes

Boost it!

XM and Sirius to combine forces!

DallasMR2 submitted on 2/19/2007 Official Bell & Ross Timestamp: 5:02:24 PM

8 user comments | Category: Misc News | Source: | SOURCE: biz.yahoo.com

Tag Links: XM, Sirius

XM and Sirius satellite radio companies agreed Monday to combine and become one company.

The decision is in preliminary agreement and no changes are set to occur in the immediate future.

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DallasMR2

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User Comments

no1listensanyway

About time, I been getting killed on their stocks. Now, I can finally get Howard on XM, this is great news.

— no1listensanyway (View Profile)

Posted on 2/19/2007 6:43:06 PM | reply to this comment | Votes: 2   

NARunner

why would you ever buy those stocks?? get a new financial planner...

— NARunner (View Profile)

Posted on 2/19/2007 7:23:15 PM | | Votes: -1   

no1listensanyway

For the purpose of them merging. A couple of years ago satellite was the next major frontier in entertainment. The ipod pretty much destroyed the prospect of satellite radio. It was a great idea at the time, nobody ever thought the ipod would be as succesful as it is.

— no1listensanyway (View Profile)

Posted on 2/19/2007 10:28:19 PM | | Votes: 1   

NARunner

i understand the idea was great, but you have to look at fundamentals...negative EPS and poor P/E ratios make for a poor stock...enough about finance, though...let's talk cars!!!

— NARunner (View Profile)

Posted on 2/20/2007 12:17:02 PM | | Votes: 1   

Agent004

NARunner, come back here in the morning after the market opens, then let's talk financial planners :)

— Agent004 (View Profile)

Posted on 2/20/2007 2:52:17 AM | reply to this comment | Votes: 1   

NARunner

let's get through the regulatory hurdles first...then see if they can eliminate some of their astronomical fixed costs...those stocks aren't going to move much in the near future until a lot of the grey area is cleared up.

— NARunner (View Profile)

Posted on 2/20/2007 12:18:46 PM | | Votes: 1   

1970toyotamarc

This has been rumored for years, is it now actually going to happen? What about anti-trust laws? Do we really have those anymore?

— 1970toyotamarc (View Profile)

Posted on 2/20/2007 4:34:39 PM | reply to this comment | Votes: 1   

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