Monday, January 28, 2008

Jim Cramer talks merger, I flip-flop

As an XM subsciber, I'm tired of waiting for the government to finally make a ruling on the XM-Sirius merger. Jim Cramer feels the same way in this video:

Jim Cramer


He couldn't be more right about the Feds dragging their feet on this, and their relationship with terrestrial radio probably has something to do with that. If you don't think this decision is taking way too long, check out this article that compares it to other merger decisions that would have already been made by now. Most of those decisions were way bigger companies too.

I think I've changed my mind about the merger. I'm still a little worried about some content being lost and prices eventually rising, but if it really does mean twice the content at the current price, then I'm for this merger. And from a perspective of limited government, I'm really for the merger.

1 comment:

Unknown said...

They need to merge. My Sirius stock is worth nothing right now.