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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (2172)6/7/2003 2:09:27 PM
From: JKraft  Read Replies (3) | Respond to of 23958
 
Sergio,

The 75 million share offering is probably going towards marketing the products. Both XM and Sirius have quite a bit of dilution in order to really get their businesses started and subscriptions up.

Sirius is doing radio broadcasting but also using its satellites for business multimedia broadcasts /tv- and there are many other potential uses and expansion possibilities.

Once the fundamentals improve, there will probably be a reverse split - some are guessing when the stock hits $6, it will go for a reverse 3 for 1 and become an $18 stock. By this time, the company should have their business plan under further progress/ subscriptions up, more sales of their small hand-held units, more sold to the car dealers, more businesses using their multi-media services, perhaps broadcasting motion pictures to theaters, etc.

Possibly this could have some interest in BestBuy, Fry's, etc. for Christmas sales?

There are only 2 companies with this radio service licensed (SIRI and XMSR) but this could be an inroad in a broader based SAT business for both, :)

Any thoughts?

Thx!

J



To: Sergio H who wrote (2172)6/7/2003 5:38:51 PM
From: JoeinIowa  Read Replies (2) | Respond to of 23958
 
Sergio,

Stats have been updated for the week. Looks like around a 69% return to date. I had to estimate the EGAM value since SI won't give a good quote. A lot of green in the portfolio. If CLGY ever gets there we may have to have a little party. LOL.

Joe