DEI Holdings, Inc. (formerly Directed Electronics)
Anyone have any thoughts about how open access on radios, if implemented as part of this merger, will impact DEI Holdings (DEIX).
Do you think they will continue to be the main manufacturer of the radios? I'm not familiar enough with their business. I wonder how much of their revenue is tied to satellite radio.
I just remember discussing the stock performance in regards to the whole merger process.
Underwater with SIRI and DEIX
I have some DEIX. SP is still in the crapper. They still have a deal to produce equipment for SIRI thru this January. As SIRI begins to blossom, DEIX should do so as well. One thing I especially like about DEIX is that Congressman Issa is on its board. The guy is all about money. I also liked that SIRI had hired former RNC chairman Ed Gillespie to lobby for the merger. I had thought the merger would get quick approval. Unfortunately there was a conflict with Clear Channel interests who were also in bed with Republican Heavy Hitters. Now all the stars are lined up. Lots of reets got their asses kicked out of the big game and whoever was lucky enough to hang on is poised for big gains, IMHO.