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


To: pcstel who wrote (6222)2/6/2007 8:09:32 PM
From: i-node  Read Replies (1) | Respond to of 8420
 
>>> Let us not forget that about 200 Million of Q1's net loss is a non cash charge.

What, may I ask, does THAT have to do with it?

You don't measure income by CASH. That $200M (plus the other $80M they claim they are expensing for Stern) are operating expenses of the business.

Clueless, truly clueless. That you would attempt to marginalize the fact that SIRI is issuing shares like they were toilet paper speaks volumes about your understanding of business.

So, maybe it will be 1.1 Billion instead. BFD.