Hey just a reminder that Mel's gonna be on Jim Cramer's Mad Money in about 20 minutes on CNBC. Some of you could give a hoot, some of you are fanatic about this appearance. Either way it looks to be something interesting as a reader just sent me this from crazy Cramer himself (check it out after the jump).
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Looking for Some Sirius Answers
By James J. Cramer
11/30/2005 14:46
To own Sirius SIRI or to short Sirius, that is the question. I have never met a stock where a stand must be made, or else your manhood or womanhood is in question.
And I am feeling it today, feeling it because I have Mel Karmazin on "Mad Money" tonight for a live-audience show, and I alternately want to praise him and fear him because I don't know if the $7 level is the right place to get involved.
Timing-wise, with the Howard Stern roll-out, you could argue that the good numbers are ahead for Sirius. But I can't think of a more anticipated event with stakes as high. What happens if the people who liked Stern don't like him enough to pay for him? What happens if they can't afford to get Sirius? What about all of the other programming; does it even matter? How can this stock be worth $9 billion and XM XMSR , which is so far ahead of Sirius when it comes to profitability, be worth $6.5 billion?
I am going to try to get answers to these questions tonight from a man I trust as a moneymaker like few others.
I hate to say "Tune in," 'cause you have lots of things to do, but I am going to do my best to get to the bottom of this bull-bear story.
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