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Technology Stocks : Sirius Satellite Radio (SIRI) -- Ignore unavailable to you. Want to Upgrade?


To: ALTERN8 who wrote (711)11/26/2003 4:15:43 PM
From: i-node  Respond to of 8420
 
Post a link that shows there is more dilution on the way.

Well, I won't post the link but I'll refer you to the shelf registration which permits them to raise $500M without a minute's notice. I'm sure you know about it.

Will it be used? Absolutely. The company is NOT fully funded to breakeven at this time, so there is absolutely no doubt it will be used.

I've made more money on SIRI this year than you can count and will continue to make timely decisions and make more money with or without your bashing.

Well, you may have made money on it. I've also made money on SIRI this year, and a ton more on XM. But at this point, any thinking person would avoid SIRI. The company has failed to execute in every respect. Six months ago when I posted this same stuff on this thread, I said, "well, they look like a loser to me". Today, it is beyond that ... anyone who understands even the most basic business concepts can see this thing is an absolute train wreck.

You've been singing the same exact tune since SIRI was 39 cents, you're such a dumb broken record that you are now back on ignore forever, thank god.

With all due respect, I've been absolutely correct since the stock was at .39, as well. The fact that some people (including me) have made good money on the stock notwithstanding, at this point in time it is just insane to put money into SIRI.

I continue to love SDARS in both of its forms and will laugh all the way to the bank.

You may, if you have more in XM than you do SIRI; XM will easily cover your SIRI losses over the coming months/years. If you have more in SIRI, you will need to be extremely lucky in your timing.



To: ALTERN8 who wrote (711)11/30/2003 10:52:29 AM
From: i-node  Respond to of 8420
 
Post a link that shows there is more dilution on the way.

Came across this on another board. I can think of no clearer evidence that "more dilution is on the way".

finance.messages.yahoo.com