Rochester,NY 8/10/2009 9:49:40 PM
Sirius XM Radio Inc., SIRI - Sirius XM continues Under attack
Sirius XM Radio Inc.
After the second quarter conference call for Sirius XM Radio, I am not surprised by the continued misinformation that flows regarding this particular equity.
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Sirius XM CEO Mel Karmazin was nothing if not extremely confident this conference call, and rightly so with the news he provided. The company upped guidance on EBIDTA to over 400 million dollars for the year from over 350 million just a couple of months ago. A look at some other numbers will help us make a better assessment.
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