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


To: rrufff who wrote (1008)11/1/2004 12:32:53 PM
From: i-node  Read Replies (1) | Respond to of 8420
 
>> The more you post, the more you think you are creating value for XMSR.

Please. Don't try to tell me what I think.

>> The fact that you pretend to have bought it low is immaterial. What is the value today?

Most of my original shares were bought at 2.11 and below. I think my contemporaneous posts on the XMSR thread will bear that out.

>> Do you realize that XMSR has a market cap now of 7 billion dollars? Add another billion in debt. Add more dilution going forward.

Yes. I also realize it has a largely fixed cost structure which means that once it breaks even it is a cash cow.

>> Will they reach $300 million in revenues going forward?

This post shows just how ignorant you are on this subject. They will end the year with 3.2M subscribers. Even at ARPU of $8, that is over $300M next year without adding a single sub.

>> How many years before they break-even if ever?

XM will break CFBE even in the next 12 months; (net income) in '06 or or early '07. Sirius will CFBE in '08, perhaps later.

>> WHAT AN IDIOT!!!

Typical. You can't make your case so you resort to invective. You sound like a Kerry man.