Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 21.34

-0.9%

11:39 AM EST

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To: ALTERN8 who wrote (714)	11/28/2003 6:35:12 PM
From: country bob	Read Replies (1) of 8420

Altern; SIRI is doing pretty well right now, but I'm still a little shy about it. On the negative side, SIRI is ripe for another downgrade right now unless there is news in the near future to shine a brighter light on earnings for this Q. (50,000 subs a Q just ain't gonna get it done!) On the upside, I don't think we will see any further dilution this Q unless the pps climbs above 2.50 and sustains it (and at your entry point you would be safe anyway). Personally, I will wait to see if SIRI hits a more attractive low before I re-enter.Please understand that I'm not saying that there's no money to be made here....I just don't like the looks of the risk vs. reward. If I'm wrong and get shut out it's on me....and it won't be the first time. Like him or not David raises some good points and it's important for an investor (especially a newbie) to see both sides of the coin before he or she invests. If he still feels the same way after SIRI turns the corner then we'll BOTH stand him against the wall and throw rocks at him! LOL. Good Luck to ya! cb

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