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


To: JKraft who wrote (2173)6/8/2003 11:03:17 AM
From: arnold silver  Read Replies (1) | Respond to of 23958
 
jkraft,
I have been in and out of Audiovox (VOXXE),they have deals with the OEMs,Best Buy,etc.To produce the units that receive the signal.
Unfortunately I missed the last jump on Friday,(gotta play golf).I will be back in Monday.
This stock will go hand in hand with SIRI + XMSR.
If they ever get straightened out with the SEC.
Last news release indicated OK.
Now want the E removed in the symbol.
I didn't know that SIRI also made the hardware.Are you sure?
My Lady bought in to SIRI at .60.
She sold half at 1.50,was listening to a radio program that advised her.<ggg>
I have no idea where these stocks are going,but IMHO this is a great benefit for travelers,trucks,RVs, and sales people.I have no feeling about sales in the other markets.

Arnie



To: JKraft who wrote (2173)6/8/2003 12:01:29 PM
From: Sergio H  Read Replies (2) | Respond to of 23958
 
<The 75 million share offering is probably going towards marketing the products.>

Joanie, your initial question was about SIRI short term. Not looking beyond next week, there's a 75 million share offering. Start with the price per share of this offering. Note that the price is lower than the current market price.

It is logical that there will be price weakness in the stock, at least initially at the time of the offering. If the offering goes off well, it will be perceived as new institutional interest and the stock price should continue rising. Upside target is 3.75. Visa versa - downside risk is to the 1.30 area.



To: JKraft who wrote (2173)6/8/2003 12:16:01 PM
From: arnold silver  Respond to of 23958
 
jkraft
One thing that bothers me about SIRI.
The company doesn't expect to break even till mid 2005.
Arnie