Thursday, November 30, 2006

Honda News Also Impacts RFMI

November 30, 2006

The news about Hond'a increased installation rate is wemcomed news for investors in XM Satellite Radio. Those that read SSG will also be aware of another company that this news impacts. That company is RF Monolithics (RFMI).

RFMI makes components that are used by satellite radio companies in cars. This means that cars equipped with satellite radio have a good chance of also being equipped with RFMI equipment.

As OEM satellite radio penetration increases, companies such as RFMI should benefit nicely. Another compelling reason to look at RFMI is that their business is diverse, and includes other sectors such as medical.

SSG has followed RFMI for some time, and we wanted to let readers know that this latest Honda news is also news for RFMI.