Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 20.60

-0.3%

Dec 26 9:30 AM EST

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To: Michael Hart who wrote (920)	9/30/2004 9:35:58 AM
From: i-node	Read Replies (1) of 8420

Mike, If they aren't able to get SACs under control, they've definitely got a problem next year. I had thought they would be going back to the markets for money late in '05 as they would be broke in Q1'06 or maybe Q2. It looks as though Q2/Q3'05 is a likely time frame, though. I don't believe they'll make the "under $200 annual SACs" prediction. And I wouldn't be surprised if they're way over that. At any rate, the capital markets will be forgiving of them. As for me, I'm sticking with the winner ... SIRI's making progress, but there is still little doubt about which company is outperforming the other IMO...

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