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


To: rrufff who wrote (1120)11/24/2004 6:37:13 AM
From: John Carragher  Respond to of 8420
 
If Christmas sales of radio are huge and they hit the target of 1 million subs. stock will move forward on expected earnings down the road. I wonder what the new ceo has up in mind to keep the attention on siris. Would Imus be next.. he has two more years in his contract and says he is retiring but you never know.



To: rrufff who wrote (1120)11/24/2004 8:25:36 AM
From: Mark Marcellus  Read Replies (1) | Respond to of 8420
 
hmmmmmm - kind of like your SIRI overpriced at 3.80 prediction?

Well, many years ago I said SIRI (then CDRD) was overpriced at $15 and put money on it. I was right. I lost money. I lost money because I couldn't withstand the insane run up to $60. However, the amount I lost paled in comparison to the amounts eventually lost by folks who were proven "right" by that run up (e.g. tctberry).

Don't confuse a bull market with brains. And don't assume that just because something is overpriced it can't become more overpriced.