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The debate continues on the merger of XM (XMSR ) and Sirius (SIRI ) Satellite Radio as the case again comes before the Senate Committee on Commerce for round four since its original proposition in February. Opponents argue that the merger will create a monopoly, leaving a sole provider for satellite service to consumers. This, they argue, will lead to increased prices and decreased content. Advocates argue that the merger is necessary in order to compete against other technologies, including terrestrial radio, MP3 players, CD/DVD etc. The inference is that the battle between the two small companies for the limited audience is splitting the market and preventing its advance against the other technologies.

 

 

Home Neubert's Trades E*TRADE Commercial Captures the Essence of Trading
E*TRADE Commercial Captures the Essence of Trading
Written by David Neubert   
Friday, 21 March 2008 15:35
I do not endorse any one broker, but this eTrade commercial really got to the essense of what trading for one's own account is all about. This E*TRADE advertisement caused the following emotional and intellectual reactions in me:

1. I felt guilty about investing in Pharma companies who rely more on marketing than curing diseases.
2. I felt good about the power all self directed investors have at our fingertips.
3. I Laughed my butt off.
4. I thought about adding E*TRADE FINANCIAL (ETFC - $3.72) to the list I created today of investment banks to buy on the next pullback. I just thought about it and I wouldn't include E*TRADE in that same list, though I do think they are nice speculation on a buyout or return to grace after all the dust settles in the sub-prime mortgage debacle. After all, First Call analyst estimates have them earning $0.37 a share by 2010 that would imply a cheap 13 times earnings - not a bad deal if there are no more surprises in their mortgage portfolio.




Disclosure: I own E*TRADE but bought it on December 31, 2007 as part of a tax selling rebound baskest. I do not plan to buy any now as I just haven't done enough homework on the company. (No I didn't write about it at the time because it was part of a complex hedged trade. Besides, dear reader, you didn't miss anything as the basket so far has performed only in line with the market.) I do not use E*TRADE as a broker.

Thanks to Gaspard De Dreuzy from Paris for sending me the link.

Specific Disclaimer: ETFC is a speculative stock.

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Last Updated on Sunday, 30 March 2008 20:43