JR-Boston

XM’s Quarter: Analyzing the Mixed Bag

Tyler,

Wienkes price review...indication about which way?? It would be very ironic if it was up after that nasty, nasty bear attach induced by his last report.

Jean

XM's Pre-Announced Q2 Results May Hold Merger Clues

3 yeas or nays starts the clock.

Cramer Doesn't Say What Radio Stockholders Want to Hear

Tyler,

XMSR's debt offering is indicative that they think they will receive very, very soon. It also is a frontal repudiation of one of GS' main issues, that the company can't access capital without being very dilutive. Their convertible debt has been trading at this level for the last few weeks, and I would think that this is a very good sign that they can access capital. It does also mean that the convert holders don't expect this debt to convert at its strike price of 20 or 4.35 for siri stock. that's fine. One thing at a time. Merger approved, cut overlapping cost and contracts, refinance early next year with better financial outlook. That's the game plan.

Positive Radio Merger Outcome About Two Weeks Away

Welcome to the perfect storm. Downgrade during option expiration week= higher volatility. Not surprising we are this low. Wienkes' analysis is one sided. Retail is not going to pick anything until they know if they are merging or not. Duh. Second, 6.99 base price IS going to generate demand and people will keep it. Better than listening to Terrestial radio. Finally, XMSR has been running by itself. No one there like Mel to keep costs in line or push up revenues. As much as 50% of the combined S,G&A will be cut away, and the gross margin for both is projected to improve by 25% within the FIRST year. Buy on this stupid downgrade. I did.