Tuesday, December 05, 2006

Joan Lappin: "The future seems rosy, even though the road to get there may be taking a bit longer to find on the map than most of us expected"

Sirius Blinks in the Satellite-Radio Wars
By Joan Lappin RealMoney.com Contributor12/5/2006 3:43 PM

This column was originally published on RealMoney on Dec. 5 at 11:37 a.m. EST. It's being republished as a bonus for TheStreet.com readers.

It's been less than two weeks since Santa Claus rode down Broadway in the Macy's Thanksgiving Day Parade, but he doesn't seem to have brought a ton of shoppers with him.
First, we heard from Wal-Mart (WMT) that business was not exactly robust, and now Sirius (SIRI) is pulling in its horns.
Investors may be on their own shopping spree, buying stocks on Wall Street, but signs are not robust for many retailers for the holiday selling season...read more: here