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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 20.83+0.2%11:17 AM EST

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To: i-node who wrote (5282)10/6/2006 12:44:09 PM
From: pcstel  Read Replies (1) of 8420
 
Trying to change the subject because you're wrong about something.

LOL!! I am wrong about nothing.. Here is what your link says...

Construction of the satellite is expected to be completed in the fourth quarter of 2008. SIRIUS plans to launch the satellite on a Proton rocket under a contract previously announced between SIRIUS and International Launch Services (ILS). The satellite will be launched into a geostationary orbit to complement SIRIUS' existing three satellites, which were also manufactured by Space Systems/Loral and operate in a highly elliptical geosynchronous orbit.

Obviously, Sirius isn't building another satellite for hundreds of millions unless they believe they can get the necessary approvals done. They plan to launch it in just over two years, which is well before they need to replace the existing satellites. They are not doing this without cause.


Let me give you a brief education on how these things work.

A company orders a satellite from a manufacture so that they can show the FCC that they have every intention to actually build the satellite. Then the party files applications with the FCC requesting a given authorization, claims that it is in the public interest, and shows their "non-contingent" order to the FCC. Well, the FCC doesn't work at light speed. So there are usually Public Comment periods, Reply Comment Periods, and in a year or two.. The FCC issues their decision.. In the mean time. Nothing happens on the satellite construction, because they are waiting on authority from the FCC. So the satellite order is nothing more than a "place holder" for the satellite manufacture, and a statement of intent to for the applicant tot he FCC.

One can only look at the 2Ghz MSS liscensees. These liscensees (Iridium, Globalstar, Boeing) presented the FCC with "non-contengent satellite manufacturing contracts" totalling more than 115 satellites in 2002 in line with their "milestone" requirements.

You know how many satellite actually got built of these 115 satellites "non-contengent" satellite contracts.

A BIG FAT ZERO!! NADA.. Not one

They have a problem with the "superior" Molynia orbit or they wouldn't be doing this. That's obvious.

That is your un-educated OPINON. When you don't understand a technical concept. You should ask questions. You can't simply re-write the laws of physics because your self-importance complex tells you that you can.

Hope that helps,
PCSTEL
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