SATWAVES

Time for an alternate view or 2….

I couldn't help but notice a certain blog that stated investors fled on the news and seemingly demanded top line information. (sounds like something the NAB wants)To begin with, the sell off this morning happened well before any mention was made of this projected earnings p.r.. The sell off had more to do with Chryslers woes than any Sirius press release. Chrysler first denied reports of bankruptcy today, and followed that by the closing of several plants. You can like it or not. I do not care. ...

Missing the Obvious!

I have been so caught up in the merger mania, that I have missed the obvious reasons the stock has been pummeled of late. We've all heard of GM and Ford retooling their factories as a result of high gas prices eating away at demand for their higher end vehicles.Well CNBC reported that Chrysler is expected to announce plants idlings and shutdowns today. I googled Chrysler news to see if I could provide a link, and there it is in black and white! For a week now, there has been speculation regardin...

AP Reporting: Chrysler to close 1 plant; cut production at 2nd

By TOM KRISHER –DETROIT (AP) — Chrysler LLC says it will indefinitely close one Missouri plant and cut production at another due to slumping demand for trucks and other large vehicles.Officials with the Auburn Hills-based automaker said Monday in a conference call that it will shutter the St. Louis South plant, which makes minivans, effective Oct. 31. The St. Louis North plant, which makes full-size pickup trucks, will reduce operations from two shifts to one.A slowing economy and gasoline price...

Today’s ex parte filings and letters to the FCC.

Letter from certain democrats sticking their noses where they don't belong. High oil, high food, high unemployment, and these "representatives" of the people trying to block a merger that affects less than 1% of the population, who choose to pay for a radio service. Click hereGeorgetown Partners, now opposes the merger as it seems they are not getting their free spectrum.Walter Ulloa, Chairman and Chief Executive Officer of Entravision Communications Corporation; Chester C. Davenport, Managing D...

Senate Democrats Weigh In on XM-Srius

View FCC filing hereKerry, McCaskill, Cardin: Compromise proposal not enough.By John Eggerton -- Broadcasting & Cable, 6/30/2008 1:49:00 PMWith the Federal Communications Commission members kicking around the compromise proposal for an XM Satellite Radio-Sirius Satellite Radio merger and both Democrats and Republicans still talking of wanting to get a decision out the door "soon," several high-profile Democrats weighed in saying that the proposal does not go far enough for their liking.That ...