Since you are insulting me, as usual, I have no choice but to respond. First, I'd say that if you post predictions, sometimes they aren't going to work out. I post them knowing that, and not caring, for the hell of it. If you can't tolerate it, don't read them.
Second, out of hundreds of predictions, you picked a few that I was either wrong or borderline about, or had good reason to be wrong.
>>I will say this. If XM is at 60, THEN SIRI will be in the teens. (by another poster)
XM isn't 60. SIRI isn't in the teens. XM will be in the 60s before SIRI is near the teens. I thought XM would hit 60 in '04, and it only made it to 40. I was wrong. The market undervalues XM and overvalues SIRI today. We have seen part of the correction and will soon see more, IMO.
"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.
SIRI has 7x the number of shares outstanding.
But there is the fact that XM has >80% of the market (and will continue to into next year)."
"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."
Okay, SIRI spent a half billion dollars on a Stern Publicity Stunt, and as a result got a market share boost -- probably temporary. At any rate, XM ended the year with 74% or whatever. I hope this gain was worth a half billion dollars to Siriots.
You sound foolish. Some of us know with relative precision what is happening at RS (Radio Shack). These units are NOT "flying off the shelf". I could not have conceived of them selling as poorly as they are.
At the time this statement was made RSH's sales were trivial. Sickeningly.
RSH did not quite sell 25%; more like 21-22%. But they did sell more than I expected -- at huge revenue share, I might add.
”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.”
I stand by this statement. Only idiots have stuck with Sirius through this. And if you're holding Sirius shares today you have given back a huge gain. Because the gains were unwarranted in the first place. Sirius is headed back to the 3s. Can't say when, there are a lot of people out there, like you, who think a stock running on fumes is a good place to have your money.
I might add, the only prediction you've made that I can recall is, "Just wait until CES ... ". Yes, CES was going to be huge for Sirius. Remember that one? What did we get? NOTHING. NOT ONE THING. NOT ONE NEW PRODUCT. NOT ONE NEW TECHNOLOGY DEVELOPMENT. A REHASH OF LAST YEAR'S BULL.
Okay, you've said what you have to say. You iggy me, I'll iggy you.
It is pathetic you feel the need to follow me around from board to board, stalking me like Mark David Chapman or someone. You've dug up all the mistakes you could find, good for you. When you post as much as I do, you're going to have a few.
Grow up, nitwit. |
