Thursday, September 28, 2006
TheStreet.com: XMSR Is A Turnaround Story
Twin Turnaround StoriesBy
Jim CramerRealMoney.com Columnist9/28/2006 7:37 AM
This column was originally published on RealMoney on Sept. 27 at 11:55 a.m. EDT. It's being republished as a bonus for TheStreet.com readers.
Two turnaround stories are garnering a lot of attention today, and I am one-for-two with them.
First, the good. We are seeing XM Satellite Radio (XMSR) paying down debt so it has longevity. Bear Stearns has an excellent note today talking about how XM can now borrow money. The implication is that any liquidity problems are behind it, so the stock is going higher...READ MORE:
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