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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 20.81-0.8%3:59 PM EST

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To: hedgehog26 who wrote (139)12/4/2000 7:36:01 PM
From: hedgehog26  Read Replies (1) of 8420
 
Okay, I'm getting even angrier. Imagine last Thursday Mr. Coates likes Sirius and has a target of $68 per share. overcoming two giant hurdles, a successful launch and full financing,he ups his discount rate and lowers his price target to $30 per share.

It's as if he never considered receiver and chipset availability on Thursday.What kind of ephiany did he experience over night. Suddenly a raft of problems burst through the mists of Thursday night. Mr. Coates of Salomon,Smith BLARNEY, a pox on your house! Unless you're in possesion of information that is devastating for the fortunes of Sirius,then you have just produced the worst piece of analysis I have experienced in my investment career. And where is the thinking of your head of research, or your chief compliance officer.It reminds me of a line in a Woody Allen movie---"From this he makes a living" As ever,Hedgehog 26.
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