Monday, November 06, 2006

Cramer Pushes XM/Sirius Merger (Again!)

RealMoney Radio: Sirius Money
By TheStreet.com Staff11/6/2006 3:29 PM EST

...Responding to his next caller, Sirius Satellite Radio (SIRI - commentary - Cramer's Take - Rating) is "trading up today," as is XM Satellite Radio (XMSR - commentary - Cramer's Take - Rating), Greenberg said.
However, Cramer keeps saying that Sirius and XM Radio need to merge for their stocks to go up, he said.
"If and when they do merge, then you'll have a real company," Greenberg said. "They're losing money in the meantime, and you could be getting good dividends in other places."
"It seems like dead money here." ...read more: here