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Home » Investing, Rants

The suspense is killing me…

Submitted by Michael Cruse on July 22, 2008 – 10:41 pmNo Comment
FCC – is the XM and Sirius merger approved or what???

I am one of many stressed out investors wanting you to get off the stick and make up your mind! Weigh the public interest of a Satellite monopoly verses the possibility of two bankrupt companies…

Monopoly, I find that funny. We have AM, FM, HD Radio, MP3 players, and Cd/DVD players all in cars and mobile devices. Add various streaming technologies, digital radio via cable, and computers as stationary media players and we are suffering from media overload!

The DoJ took a few months to decide it was OK for them to proceed, but the FCC has been deciding for a year and half. I understand it is a “complicated” issue, not really but I will give them the benefit of the doubt, but it is time to let these companies move forward with the merger or go their separate ways.

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