Cramer On Satellite
April 9, 2007
Love him or hate him, Cramer always has an opinion. He spent months being down on satellite and speaking of a merger. He got his wish, but now feels the hurdles are too high.
What Cramer said:
XM Satellie Radio (XMSR - Cramer's Take - Stockpickr): "Very problematic. ... I wanted the two to merge, but the FCC [Federal Communications Commission] is making it very difficult. The hope for Sirius (SIRI - Cramer's Take - Stockpickr) is that XM goes bankrupt. ... The FCC and Congress have made this deal too difficult. I want to SellSellSell XM Satellite."
Labels: cramer, merger, sirius, xm
4/09/2007 09:56:00 PM
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