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

To: TimF who wrote (2386)	5/3/2005 11:24:53 PM
From: shades	Respond to of 8420

I worked on wireless networks with IBM back in the day, I was involved with teledesic from a ways back. I am no guru, but I know a little bit maybe. spaceref.com Congress has been consistently supportive of commercial space. While it has thus far shied away from the kind of aggressive operating incentives that early in the last century helped bring the national air transport system into existence, Congress has been generous, even beyond the massive launch vehicle investments. For instance, Congress allowed duopoly positions for the satellite radio business, just as it blessed the enormous frequency allocation granted Teledesic to support their space based broadband project. Such in kind support, reminiscent of the land grants that financed the transcontinental railroads in the 19th century, remains an important component for commercial space ventures, but appears inadequate to catalyze major new industries of the scope and stability needed to transform commercial space into a risk-reward investor's area of interest. Commercial space enterprises are currently centered on the communications and broadcast sectors. While there have been new services brought into being here, most recently the direct radio broadcasters Sirius and XM Radio, others such as DirecTV have been acquired by larger media powerhouses. For these entities, space is a minor component of the overall investment thesis. Now I don't see multiple competitors entering this market - I don't see private investors taking over from the angels as they are squeezed for money in the USA from high gas and low pay jobs. I do have an XM radio - got one of the first ones out years ago - I like the technology - but my service has been inactive for 2 years now. I download the shows I want to hear and put on my MP3 player now. I use a cellphone and have no hard line - why wont I be able to get all these shows over my cell phone link in the future through Verizon? I think I will be able too. I see no reason to keep the satellites up there so hard and expensive to maintain upgrade repair. I was very thankful I got a chance to short the stock today, I always hear sell in may - go away - I dont see a future for SIRI but willing to talk to people that think there will be - I think there is much more chance the next 3-6 months for SIRI to go to 2.50 than GOOG to go to 110. I wish I had more credit cards so I could get money and short SIRI even more. www.philsgang.com talked about it on hour 2 of his show today - gary kaultbaum has called this a DOG businesstalkradio.net The only guy I hear saying BUY BUY BUY is a clown pushing buttons that make bull and bear cartoons pop up on a boob tube - come on - don't lose your butt on this one - remember teledesic - I LOVED the technology - but it was just CHEAPER to do here on the planet for the masses - just like with HD RADIO and Verizon type delivery of audio shows will be - you will be wise to SHORT this long term, now I will give one good thing, phil grandie and gary kaultbaum are technical traders, and they say LONG TERM this stock is finished, but they have not said the tecnicals favor a quick drop soon - they say there are a LOT of people holding at 8 dollars that won't dump until it gets back up there - but that is OK, I have to short above 5 dollars - so unless the technical trend shows them going way up from here, I am comfortable shorting at this point - the trend is your friend until it ends. I definitely don't see how this company will be in business a few years from now as HD RADIO or wimax or wifi or CDMA technology competes in their market with delivery of audio shows for the masses.