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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (2780)	8/20/2006 5:52:54 PM
From: Sirius_Rich	Read Replies (1) \| Respond to of 3386

>>>Bottom line is that you predicted XMSR in the 30's and more. He told the World XMSR would be $60 by January 19, 2005. Ooops...

To: rrufff who wrote (2780)	8/20/2006 5:56:55 PM
From: i-node	Read Replies (1) \| Respond to of 3386

You seem to have a propensity to attribute to me remarks that I haven't made. I did say, before SIRI's change in management, that Sirius was not worth $2. I also said if they got new management it would make the stock worth more, and I believe it has. But I still think it is fundamentally overpriced due to the inordinate hype surrounding Stern & Mel. The more this hype dies down, the closer the stock sinks to the levels I thought it would be at. Yes, XM has been beaten up badly -- but most analysts agree it is well beyond any reasonable level. Provided XM can get its receivers back in production in the next few weeks AND the RIAA suit is dismissed, I think it likely we'll see XM back in a more appropriate valuation range by early next year. Bottom line you predicted Stern wouldn't get a million subs. Do you have a link on that? I think I maintained pretty consistently a million or a few more, which may not be far off. Bottom line you were caught by surprise by the first cut in XMSR subs. Yes, I was. Bottom line is that you'll be shocked by the next cut in guidance for XMSR subs. We'll see. I do believe XM is outselling Sirius by a pretty good margin right now, but they have to just to stay even. Bottom line XMSR is a sinking ship. Again, we'll have to see. As to the length of my posts, I try to post in terms I think you can understand. It does make them more lengthy than they would otherwise need to be. When the director jumped ship, he said essentially that XMSR was in panic mode trying to imitate SIRI in paying for content. He said NOTHING OF THE SORT. Maybe the reason so many people ignore you is because you just make up whatever you want to instead of posting facts.