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

To: John Carragher who wrote (1110)	11/23/2004 9:30:58 AM
From: i-node	Respond to of 8420

>> So i bought some on friday. I should have bought some when under $2. but i thought it was over priced. You'll be fine. Both companies are going to prosper long term. But XM is far and away the stronger competitor. It just isn't getting the hype. While all but 20 mln of XM's shares are in steady hands (institutions, big holders), Sirius is trading 300 mln shares/day. People think it is "cheaper". And they got Stern (at a cost of a half billion dollars). And Mel (lord knows they NEEDED new management). Sirius is not going to hold these lofty levels. I don't know when it comes back to earth -- maybe not until after CES. The Q4 loss is likely to exceed $200 mln, while XM's will come in under $110 mln. Sirius is going to burn $110-120 mln in cash in Q4.

To: John Carragher who wrote (1110)	11/23/2004 10:06:31 AM
From: who cares?	Read Replies (1) \| Respond to of 8420

Fair warning, I have gone to full Karma Police repeat mode on this. If this were a real worrying stock i would go with Pixies - Where is My Mind, but this stock not worthy of that, maybe at $10. Besides lately this song has been working better. I have single handedly stopped ADSX and one big SIRI run this way, well ok not single handedly, actually all I did was push play and MR. RSI did most of the stomping of dumb long asses, but he's very unselfish and doesn't mind me taking credit. So you have been warned, this overpriced POS has priced in every man woman and child in America signing up next week, not going to happen, the only bullet you got left is the big red rover red rover let howard stern come over early news, and i got lots of dry powder for that, then sayonara. Sorry i would normally want this to run all week and sell it for $10 but I will probably be travelling so that's not going to work so I have to stop it here.