Karmazin To Speak At Merrill Lynch Media Conference
Mel Karmazin, CEO of Sirius XM Radio will be speaking at the Merrill Lynch Fall 2008 Media Conference in Marina Del Ray California. The conference is scheduled for Tuesday September 9th, and Karmazin is expected to be at the podium at approximately 11:00 AM EST.
While this conference is not where the much anticipated guidance will be outlined, it is quite likely that Karmazin will be addressing some outlook for the future of Sirius XM Radio, and will be worth listening to for sector followers. A live audio webcast of the presentation will be available via the Investor Relations section of the Sirius website.
One item of note for investors is that the analyst from Merrill Lynch that is following Sirius XM radio is Jessica Reif Cohen. Cohen is a pure media analyst, and has followed Karmazin led companies for quite some time. I would look for Cohen to issue a report at some point shortly after the conference, and given that investors are looking for greater detail, this report could well offer some insight into how analysts will be looking at various company metrics going forward.
Look for additional information on Sirius XM Radio to begin to come to light in the coming weeks.
Position - Long SIRI

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