It's a sure thing that Mel Karmazin did some very careful calculations on the Hockey issue. The timing looks bad...... but maybe Sirius has their eye on some other valuable Canadian talent or programming or possibly BIG domestic talent. There are some big fish still out there. Quite honestly I trust Mel with my money. It's been said many times that Karmazin takes care of his shareholders........ Karmazin could be compared to an industrious beaver, One day the stream of water (money) is just flowing by you....... the next day "the beaver" has built a dam and you've got a large pool and your swimming in it! Money that is!
Chuckle....... be my guest, Short it! I'm not a Cramer fan but the guy has spoken to and interogated many CEO's and it's old hat for him........ but did you see him when he had Karmazin on his program? Cramer just about peed his pants! He was like a teenage girl when the BEATLES came to America! And that's because Karmazin isn't just another CEO. His work has made a LOT of people, A whole HEAP of money. I may not be done adding to my position yet.