Sirius buying XM, nah just talking trash
There is something called wishful thinking and then something called talking sh!t. Sirius was trying to be a big bully by talking the latter to the press this past week.
At a Convergence 2.0 conference Sirius Satellite Radio CEO Mel Karmazin said that he would like to buy XM, but price and regulatory hurdles would be issues.
“Regarding XM - would we like to buy them? Sure. We’d love to buy them. Price would matter, so that would be an issue . . . [and] there would definitely be the regulatory issue,” he said. An XM spokesman said: “We do not comment on our competitors’ wishful thinking.”
He did calm investors immediately by stating that their business plan, “doesn’t really involve our doing a deal” and is not looking for Sirius to be bought either. So, essentially he was just talking trash, trying to flaunt Sirius’ $6.3 billion market cap and crush XM’s $3.7 cap.
Read [NY Daily News]
-
RE: Samsung announces two new MP3 players, the YP-Q1, YP-U4
http://www.fioriitaly.com Send gifts to India, Online delivery of flowers to India, gift to India, chocolates, cakes, watches, teddy, sweets, fresh fruits, dry fruits. Anniversary, birthday,…" MORE »
-
RE: USRobotics adds another Skype phone to their portfolio
I like skyp and skyphones.Thanks . Regads Kktc " MORE »
-
RE: What the Future Holds: Pen Computers
HI ! every body, and Congratulations to the inventor !! Amazing technology. Splendid invention. The disparity between LDC and Developed world is questionable. Do we…" MORE »
-
RE: Gadgetell Giveway: Axiom Audio AudioByte Computer Speakers
Here we go: http://www.moneymakingscoop.com/blog/wp-content/uploads/2008/01/imac_2008.jpg " MORE »
