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  1. MUSCLE13 is offline
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    Joined: Jun 2007 Posts: 973
    07-24-2007, 10:13 PM #1

    Panero's resignation signals one thing to me

    The press may be skeptical of the merger going through, and Wall Street may be skeptical of the merger going through. But with Panero leaving in August my opinion is that Sirius and XM are highly confident this merger is going to happen. I have the distinct impression that everybody has this wrong except Sirius and XM.

  2. MUSCLE13 is offline
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    07-24-2007, 11:05 PM #2
    Perhaps some others are reading this as a signal as well

    Bloomberg excerpt -

    ``There's some level of confidence at the company that the merger's going through,'' Blair Levin, a Washington-based analyst for Stifel Nicolaus & Co. said in an interview.

    http://www.bloomberg.com/apps/news?p...Q3ixE&refer=us