DISH Network
Wait a minute. Everything's wrong with that.
"You'll have to just wait and see where it all comes together," he explained, alluding to how some Seinfeld shows don't seem to make a lot of sense initially.
I can just picture Ergen channeling Elaine Benes with a "get -- out" slam for Blockbuster leases that his company won't be picking up.
DISH shareholders still deserve better. I applauded Ergen's decision because of the fire-sale price, but this isn't the kind of endeavor that the satellite-television company should take lightly. There will be some serious losses incurred if the vision isn't communicated clearly.
The company also conceded during this week's conference call that Netflix
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
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Trex
is shuffling the deck. The maker of alternative decking is acquiring most of the assets of a manufacturer of steel deck framing systems.(Nasdaq: TREX) -
Renren
, a fast-growing social-networking site in China, went public on Wednesday. What is Facebook waiting for?(Nasdaq: RENN) -
Sirius XM Radio
added 373,064 net subscribers during the first three months of the year. Smartphone streaming and HD radio don't appear to be getting in the way of the popularity of satellite radio.(Nasdaq: SIRI) -
Bridgepoint Education
bucked the trend of rival for-profit post-secondary educators that have ben posting weak results and enrollment declines. Bridgeport is reaching a student base that's 34% larger than it was a year ago. That's one way to move to the head of the class.(NYSE: BPI)
Until next week, I remain,
Rick Munarriz
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