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

To: cirrus who wrote (904)	9/22/2004 3:05:13 PM
From: i-node	Respond to of 8420

>>> SIRI presents at the BOC conference this afternoon. Rumor has it that units are selling well at BB and CC, which might mean subscriber growth will ramp up quicker than expected.... The new sportster is selling well, and will surely be their big item for the XMAS selling season. They face a tough uphill battle, however, from XM's Roady2. While the 64K August was impressive, I do not believe that one month represents a trend. Because XM's SACs are a fraction of SIRI's, if XM has enough product available, I expect it will decimate Sirius' Q4 sales. The Q3 loss, I believe, will be bad. Should Sirius hit 1M subs as they project, the Q4 loss will be horrendous. Not just bad, but way beyond bad.