Merrill Lynch - SIRIUS Update - "BUY"

Wednesday, January 11, 2006

Here is a report by Merrill Lynch about SIRIUS, they say, "Share Decline Creates Buying Opportunity. You can read all the details in this PDF file. Some topics they look at are:
- Confusion over Howard Stern share registration creates buying opportunity
- Selling for tax obligations possible
- Maintain Buy rating with $9 price objective
Also some good breakdowns.. check it out here
(Thanks Ken)
In other news FORBES.com has a story that thinks SIRIUS may see Q1 Sub Upside...
"Our checks indicate Sirius may have activated 180,000 subscribers on January 9, Howard's first day." READ FULL STORY HERE

1 Comments:

Blogger Mike said...

Great Article. I was going to buy some more share this morning, but Mel's news of buying in brought the share price back up. I will just wait for another dip.

Thu Jan 12, 01:29:00 PM EST  

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