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

To: i-node who wrote (1009)	11/1/2004 12:55:34 PM
From: rrufff	Read Replies (1) \| Respond to of 8420

Someone is getting very, very upset. XMSR is your life. All it took me was about 1/2 hour of DD to get you really going. ROFLMAO 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. They are burning between 100 million and 200 million/quarter. Your statement about break even is again the pipe dream. If a SIRI fan said that, you'd be all over him. YOu need to diversify your porfolio. The fact you have a gain here is all the more reason to sell NOW before your gain is wiped out as it will be. Even if they hit $300 million in revenues. You are talking an EV/Revenue of over 25. DO YOU REALLY WANT TO HAVE YOUR PORTFOLIO DOMINATED BY THIS BLOATED PIG?