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Wednesday, October 18, 2006 3:51:32 PM
http://www.antandsons.com/2006/10/sirius-shares-spike-on-apple.html
October 18, 2006
Sirius Shares Spike on Apple Partnership
Sirius Satellite Radio Inc. (Nasdaq: SIRI) is trading at a session high, up $.10 to $3.93, on a spike in volume. The quick upswing is attributed to "chatter of a potential strategic partnership" with Apple Computers Inc. (Nasdaq: AAPL) according to Briefing.com. Meanwhile, Sirius' main competitor, XM Satellite Radio Inc. (Nasdaq: XMSR) shares are still hovering at the lows of the trading session. A Sirius Satellite Investor Relations spokesman could not be reached for comment at this time.
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