Re: SIRI up 25 cents...


drumrboy@xxxxxxx wrote:
I figured SIRI would get a pop today based on yesterdays news, But can
someone explain to me how XM is up $1.00?

Jerry>

Just as XM news, whether good or bad, effects Sirius stock price,
Sirius news has an impact on XM stock price.

Sirius news, that they met their subs estimates and have reached cash
flow positive in the 4tr quarter, show that Sirius is on the way to
profitability and gives people confidence that they'll meet their long
term projections. From Sirius news people also feel that XM will
probably move along the same path as Sirius. Also all the merger talks
with Sirius are having an effect on the price.



Siri +.28 7.9% increase
XM +.99 6.9% increase

So even though XM has gone up more in price Sirius has had the bigger %
increase.

.