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Sunday, February 18, 2007

24/7WallSt: Could Sirius And XM Merge Before Q4 Earnings?

February 18, 2007, via www.247wallstreet.com

Could XM & SIRIUS Merge Before Earnings?

Sirius Satellite Radio (SIRI-NASDAQ) and XM Satellite Radio (XMSR-NASDAQ) are both 1 week from earnings: SIRI reports early morning on February 27 and XMSR reports on February 26 early morning. The past quarters that will be reported are largely irrelevant. The guidance for 2007 and the subscriber numbers are what will guide the street, and most important will be the question if these two are finally going to tie the knot. The companies already gave 2006-end subscriber numbers so the actual revenues should be quite close to estimates. UBS also made some subscriber targets earlier this month for this year...read more: Here

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2/18/2007 09:00:00 PM


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