Thursday, December 07, 2006

What Cramer Said On MadMoney Tonight

Cramer's 'Mad Money' Recap: Dolby Stock Still Hums
Dec. 7

After Sirius Satellite Radio (SIRI - news - Cramer's Take - Rating) lowered its sales outlook this week, Cramer realized that although he thought it didn't need to merge with XM Satellite Radio (XMSR - news - Cramer's Take - Rating) to do well, he was wrong.
He said he's going back to the way he felt originally, which is that there's too much competition and not enough demand for Sirius to succeed without merging with XM. "It's probably not going anywhere except slightly down unless it gets that merger with XM Radio," Cramer said...read more: here
posted by ssg5