Sirius Satellite Radio weathers rival's woes

Thursday, February 16, 2006

GSI: Stock Watch - Investors of Sirius Satellite Radio Inc. responded with a shrug Thursday to problems at its chief rival, apparently willing to grant the company leeway while it strives to add subscribers. XM Satellite Radio Holding Inc.’s shares fell nearly 6% after it announced its quarterly loss widened 43% and a top executive forecast a coming “crisis� for the company and resigned. Despite a similar business model, Sirius saw its shares dip 2% to $5.71.
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We will see after Friday how SIRIUS is doing......

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