3.5% is a lot different than 50% - thanks for the links - I wasn't able to find it. Who knows maybe XM will hire Imus for $600million! hahaha
>SIRI currently has a float of 1.43 Billion shares.
>As of 1/1/2006 Stern had 31,250,000 shares.
>
http://advisor.investopedia.com/news/06/Is_Stern_Serious_about_Sirius.aspx>He was just given an additional 22 million.
>
http://www.msnbc.msn.com/id/16539806/>
>That means if he hasn't sold any he would have ~51 million shares or apx 3.5% of the float. I'd expect that a good portion of those shares have found their way into the market.
>
>>Well he got $500million bucks...I thought a big part of it was in stock.
>>
http://www.time.com/time/business/article/0,8599,1141769,00.html>>
>>And he got yet another $83million bucks at the beginning of this year as a stock bonus.
>>
http://radio.about.com/od/howardstern/a/aa011007a.htm>>
>>Anyway even if he doesn't own 1/2 of it - with almost $600million bucks coming his way he is indeed "the" key player in satallite radio and considering his track-record with Mr. Imus I'd *guess* that Imus isn't going to be heard on it.
>>
>>>Not that I know of.
>>>
>>>>Right - but doesnt he own like 1/2 of the one he's on?
ICQ 10556 (ya), 254117