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ONE IDEA.


Name: Mike Pudwill

Home: Porter Ranch

Age: 39

Occupation: Venture capitalist Venture Capitalist

An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding.

Notes:
Venture capitalists usually expect higher returns for the additional risks taken.
 

One idea: Pudwill bought 240 shares of Sirius Satellite Radio
"SIRIUS" redirects here. For other uses, see Sirius (disambiguation).
Sirius Satellite Radio NASDAQ: SIRI is one of two satellite radio (SDARS) services operating in the United States and Canada, along with XM Satellite Radio.
 Inc. about 18 months ago for roughly $2.25 each. Sirius is locked in a struggle with rival XM, but Pudwill thinks Sirius is better because of the bigger names it's signed.

Quote: ``Sirius is getting some big names like Howard Stern and Martha Stewart <noinclude></noinclude>

Martha Stewart (born Martha Helen Kostyra on August 3, 1941) is an American business magnate, author, editor and homemaking advocate. She is also a former stockbroker and fashion model.
. And, since XM came first, Sirius was able to see the pitfalls, and they're trying to capture a niche.''

Ticker ticker

An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck.
: SIRI

Friday's close: $6.80
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No portion of this article can be reproduced without the express written permission from the copyright holder.
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Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Jul 17, 2005
Words:91
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