Analyst Comments On SIRI And XMSR

UBS:
Sirius Satellite-SIRI implied volatility is low as SIRI trades near 22-month (theflyonthewall.com 09/19 10:36:22) Lows - SIRI is down .14 to $3.98. UBSW say's "we expect SIRI to report 3Q06in late October. However, we would not be surprised if SIRI were to preannounce subscribers in conjunction with surpassing 5 million." UBSW has aNeutral 2 rating with a $4.50 price target on SIRI. SIRI option impliedvolatility of 49 is at the low end of its 26-week range according to TrackData, indicating decreasing price fluctuations.

CSFB:
Satellite Radio: Would be buyers of SIRI & XMSR, don't believe Stern (theflyonthewall.com 09/19 10:41:20) leaving@FBCO

9/19/2006 11:32:00 AM

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