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

To: Michael Hart who wrote (1080)	11/19/2004 4:47:27 PM
From: rrufff	Read Replies (1) \| Respond to of 8420

As I've posted before, they are both high priced big risks. However, I see no reason to own XMSR. It had the lead and is now dead in the water. Their only hope would be a merger with SIRI. they aren't going out of business, but growth will be stagnant. SIRI has come from the dead to the up and coming leader. No doubt it will survive and I think will be taken over by VIA or one of the other media giants. As for being right for 2+ years, I wasn't here. I congratulate you on that, but remember, "What have you done for us lately?" Have a nice weekend.

To: Michael Hart who wrote (1080)	11/19/2004 6:04:32 PM
From: i-node	Read Replies (2) \| Respond to of 8420

>> I'm sure you feel good about beng right for a few days.....but those of us who are XMSR "touts" have been right going on to 2+ years...........SIRI has a long way to go to prove it's long term viability. >> There is no way SIRI deserves a higher market cap than XMSR right now......... Mike, I missed the post you were replying to as I think I have someone iggied; but I got the gist of it. You are exactly right. Sirius made a good move in hiring Karmizan -- their management has been one of the worst I've seen in years. Clayton had to go, and I think they got a good guy to replace him. That said, the deals Clayton has gotten them into are going to be tough pills. If you count them all -- RSH, NFL, Stern, Penske, and DCX -- you're talking way, way over a billion. And these are gifts that will keep on giving for five years. MelK is going to have to come in get control of costs, and he's going to have his work cut out for him. It is going to be interesting to see what kind of pop Sirius gets from all this exposure. The Letterman appearance last night was great for Sirius. But will it translate to subs? Stern and NFL are good content for Sirius. But I think Sirius and its shareholders are going to be shocked at how quickly that incremental sub curve flattens out on these. You're going to get the really dedicated NFL fans, then that's it. You're going to get the percentage of Stern fans, and that's it. I'm looking forward to the Q4 sub #s. Right now, XM is still outselling Sirius in a big way. All this publicity will surely help Sirius a bit, but I don't expect Xm to sit still. They just raised $400 mln, in effect, by issuing 8 mln new shares, and they really didn't need the money. One can only imagine what they intend to do with this money. The next couple months are going to be fun.