Sirius Opportunity in Satellite Radio

5/2 - "The long awaited merger of Sirius (SIRI) and XM Satellite Radio (XMSR) is near FCC approval and investors would do well to jump in while the stock is down...The deal was approved by the DOJ with no conditions attached and now awaits approval by the FCC. If BellSouth and AT&T (T) were allowed to merge back together after a painful divestiture, there is no way this deal can be blocked. It is going to happen. That is why both companies are putting off the Q1 stockholders meeting and have no intention of calling the deal off."

"The true synergies of the merger have been underestimated in the stock price but will be well understood by the market after the merger is approved. The greatest benefit will be in the leverage over the programming suppliers of the two companies. Programming costs are their greatest expense, but when they become the only game in town they will have better leverage than those ruthless Wal-Mart (WMT) purchasing agents. This should make the combined company profitable by year-end. After that, the sky is the limit for profits."

"...millions of potential customers have been waiting on the sidelines for the final ink on the deal before signing up and buying a receiver. Once that confusion is over, the subscriber base could rise by up to 40% in 2008 and that revenue will start rolling in. Then, anyone who has been worrying about the financial viability of satellite radio can worry about why they did not jump on the stock when they could have."