Summary:

Fred Wilson is proposing a hedged trade on Sirius and Clear Channel, and makes a convincing case that despite the hype, Sirius is a short and Clear Channel is a buy. Meanwhile, there are rumors that Sirius and Apple are teaming up to create a device […]

Fred Wilson is proposing a hedged trade on Sirius and Clear Channel, and makes a convincing case that despite the hype, Sirius is a short and Clear Channel is a buy. Meanwhile, there are rumors that Sirius and Apple are teaming up to create a device that takes on portable XM Radio player.

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