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

To: HEXonX who wrote (6217)	2/6/2007 3:52:40 PM
From: i-node	Read Replies (3) \| Respond to of 8420

He conveniently overlooks the fact that SIRI will post a loss of 1.2 Billion or more shortly. That COULD be a reason people are scared to death of the stock. But there is so much wrong with that post it would take an hour to correct it, so best to just let it go.

To: HEXonX who wrote (6217)	2/6/2007 4:20:20 PM
From: rjk01	Read Replies (2) \| Respond to of 8420

this guy nailed it. the last point is a key one Mel on the other hand, over the last two years has never received free stock from SIRI. He has PURCHASED 2 million shares for a combined cost of almost 11 million dollars out of his pocket. Mel owns a total of 6.5 million shares. Who has confidence in their company?

To: HEXonX who wrote (6217)	2/7/2007 12:51:50 AM
From: Art Baeckel	Read Replies (3) \| Respond to of 8420

<5) XM is owned by institutions. Institutions hold nearly 90% of the company. SIRI on the other hand, is only 28% owned by institutions. The biggest reason for this is many institutions have a rule that states they cannot own a company that has a stock price under $5. When/If SIRI hits the $5 mark and maintains that, you will see many more institutions buying in, which will drive the stock up further> Maybe it's time to look into that reverse split that I talked about awhile ago. I'm a firm believer that the price of this stock needs to be over $5 to attract institutional buying. I've seen it used as a criteria too many times. I'm still pro-reverse split for SIRI in spite of some of the negative comments that were made when I mentioned it before. Besides, my recollection of it was that some felt why reverse split when in a few months we would be over the $5 without it. Yeah, right!!!!!!!! IMO ART

To: HEXonX who wrote (6217)	2/7/2007 1:00:20 AM
From: Art Baeckel	Read Replies (1) \| Respond to of 8420

<9) Howard Stern, as much as I personally detest him, has done wanders for SIRI. I think it was the best move they could have made, and I don't think the price tag was too high for what he was able to do. > Seems as though this person feels Sterns contract was a good move despite the price. I really don't think this was a concern to Mel before taking the job and has not spoken against this deal in anything I've read. Remember, for Stern to get these monies certain goals had to be reached. They were reached and he is paid. I see it no different than any of the the many negotiated contracts that go on the real world.I'm a firm believer SIRI wouldn't exist today w/o a Stern deal. IMO ART