Tomorrow we might get a few analysts increasing their estimates or upping their overall view on the sector or Sirius in particular, but the street is still wary of the stocks.

In my opinion however, nobody is willing to go too positive because of the risk of the merger not passing. Once the merger issue is resolved the stock or stocks will begin to trade like regular companies, where good news makes the shares increase and vice versa.

You have a stock like Apple or RIMM. They announce a good quarter, sell lots of phones, ipods or devices and the stock jumps. Sirius blows past numbers and nothing… Because we are in stock limbo… where nobody is willing to commit, with the merger overhand. I accept that this is turning into a lost year for stockholders, but once this thing blows over, really whatever way it goes, the actual numbers will start to count again, fundamentals will be taken into consideration and we will start to gain some respect from the street.

And it should come at a good time too. In 2008 we will likely start seeing great OEM ramp, and more cash flow positive quarters. We may just start to make up for lost time.