Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 21.50

-1.8%

1:07 PM EST

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To: i-node who wrote (5952)	1/19/2007 1:43:48 AM
From: pcstel	Read Replies (1) of 8420

These are not Iridium all over again, much as you like to characterize them as such. Hmmmm.. Let' see.. one of these companies has effectively already done an out of court pre-pack BK. But, If you say they are different.. Who am I to argue. LOL! I'll let you do the simple math. Given the 53% conversion rate, and the 22% CHURN metrics. How many OEM subscribers will it take to provide 1 Net Add in 2007. Hint.. It's over 3 MILLION Gross OEM Adds. Or 300 Million dollars in CPGA @ $100. They will have to spend in excess of 300 Million Dollars in 2007 to add $12 in incremental subscriber revenue. LOL!! Remember.... These are your "Never asked for the service, never wanted the service, and never intended to pay for it" crowd. And these are the future?? And so it goes, PCSTEL

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