Sirius Satellite Radio (SIRI) Message Board

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Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 21.67

-0.4%

11:22 AM EST

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To: HEXonX who wrote (6543)	2/27/2007 11:24:20 AM
From: pcstel	Read Replies (2) of 8420

XM'S NET LOSS HIGHER THAN SIRIUS From the David Ray/Frontmed TOTALLY BLOWN CALL DEPARTMENT. Yes folks, David Ray keep his 100% BLOWN CALL RECORD intact for yet another quarter. Mr. Ray has been going on an on about how horrible SIRI Q4 results will be in comparision to XM's. He has been going on an on about the HORRIBLE STERN DEAL. And SIRI's subscribers "at any costs" mentality, vs. XM growth with controlled costs concept. Well, the end results are in... And here they are In Q4.. XM lost a whopping $263.2 million, or 90 cents a share, compared with a loss of $270.5 million, or $1.22 a share, a year earlier. While SIIR posted a net loss of $245 million, or 17 cents a share, compared with the year-ago loss of $311 million. That's right folks, as Hex points out. SIRI added TWICE AS MANY net subscribers in Q4, and posted a LOWER net loss than XM.. ROTFLMAO!! And this is with that horrific STERN DEAL that Mr. Ray has been harping on about. SIRI lobbed nealy 70 million off of their Q4 net loss comparable to Q4 of last FY. And our friends at XM were able to claw and scratch a whole 7 million off of last years mark. That's NOT a typo folks.. (Seven Million). BFD.. David Ray will be flying under the radar again for a little while. I hear there is going to be a "managerial accounting" degree up for bid on EBAY in a couple of days. And so it goes, PCSTEL

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