Wednesday, February 28, 2007
Bear Sterns Report
February 28, 2007
Bear (Peck): In Line Quarter; In Line Guidance
Revenues were in line in 4Q, as was SAC; EBITDA significantly better due to lower S&M and R&D, but expense discipline was seen elsewhere too
SIRI sub outlook is marginally lower than our current estimate of 8.17m for 2007
We think fundamentals take the back seat during the next few months for both stocks as merger milestones will determine stock movements
Labels: bear sterns, sirius
2/28/2007 06:03:00 PM
SSG Has Merged. You Can Read All Of The Latest SSG Content By Clicking Here
0 Comments:
SSG is not a Financial Advisor. Read Disclosure: HERE
--------------------------------------------------------
