The Truth About David Ray (Frontmed). He is a poster on the Raging Bull Board and a known Sirius basher or just a plain idiot.
He has been nominated for bonehead of the year on Raging Bull. And here is why:
Nominated for bonehead post of the year,
By: frontmed
26 Mar 2004, 06:14 PM EST
Msg. 65245 of 92811
(This msg. is a reply to 65236 by flytrap2000.)
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Fly
>>I will say this. If XM is at 60, THEN SIRI will be in the teens.
"Why would you think this? Even if the two companies were valued similarly, you would expect XM's pps to be 7 times that of Sirius. But there is the fact that XM has >80% of the market (and will continue to into next year)."
"By year end, XM will be at CFBE (if temporarily) and approaching EBITDA breakeven in FH'05. Meanwhile, CFBE will be two years off for SIRI."
"As to the stocks' prices at year end, I guess we'll have to wait and see. I feel quite comfortable we'll see XM at 60 by Jan 10 '05."
Your honor, I rest my case. frontmed is an idiot.
Nomination 2 - Bonehead post of the year:
By: frontmed
14 Jul 2004, 04:41 PM EDT
Msg. 77482 of 92812
(This msg. is a reply to 77469 by doberman007.)
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doberman
>> The good aspect of the delphi news is that it is another confirmation that the DCX deal is progressing.
......
"Here's a prediction for you: By Christmas, XM will be bundling a Roady2 with three or six months of service for $100. Sirius' Q4 will collapse under this competition."
Nomination 3 - Bonehead post of the year:
By: frontmed
14 Jul 2004, 06:14 PM EDT
Msg. 77531 of 92813
(This msg. is a reply to 77527 by flytrap2000.)
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Fly
Stop your BS spin you basher. If he is calling Radio Shacks he IS getting this story because they are flying off the shelf.
You sound foolish. Some of us know with relative precision what is happening at RS. These units are NOT "flying off the shelf". I could not have conceived of them selling as poorly as they are.
Your remarks prove to me that you are simply trying to make #### up to support your dedication to SIRI. I expect from a Sirius_Rich. But I really thought you were above that fray.
Wrong.
Nomination 4 Bonehead post of the year:
By: frontmed
25 Jul 2004, 10:25 PM EDT
Msg. 78804 of 92814
(This msg. is a reply to 78801 by doberman007.)
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doberman
Last quarter XM lost 150,000 plus subscribers that they did not include in their churn calculations.
If you know this, WHAT IN HELL ARE YOU COMPLAINING ABOUT?
This is such a bogus argument. Put forth because you see that every aspect of your pro-Sirius argument is caving in on itself as the house of cards collapses.
There's nothing left to say. Sirius has done precisely what I told you it would six months ago. And it isn't over.
$1.50 or less, here we come.
Nomination 5 - Bonehead post of the year:
By: frontmed
29 Jul 2004, 03:30 PM EDT
Msg. 79267 of 92816
(This msg. is a reply to 79266 by wicked_300.)
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wicked
Perhaps it is a "dumb" statement.
We'll know in five months. I believe Sirius will finish the year at 800K subs, perhaps less.
Nomination 6 - Bonehead post of the year:
And a sentimental favorite since siri was at 2.10 at the time,
By: frontmed
13 Aug 2004, 03:24 PM EDT
Msg. 84693 of 91323
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JPM & Bear Highlights
.........................
It is time, NOW, to be putting all you can put into XMSR. That means selling your Sirius, if you have any, even if you have a loss in it. It is patently stupid to be in Sirius, which everyone knows is sucking, with these kinds of reports hanging out there on XM. |
