163888

Total Rating:
+12 / -61

939 Comments

    • Tue Nov 18th 12:40 PM | Rating: 0 -1
      Commented on:
      Three Reasons for Sirius Aggravation
      How to you like that the man heading a class action law suit (Michael Hartlieb) according Brandon, is reasponsible for most of the problems facing SIRIXM right now. Imagine where SIRIXM would have been if they would have had the merger back in Jan. How many of the people in his law suit, did he tell that he was the one responsible for delaying the merger for 6 months?
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    • Sun Nov 16th 11:16 AM | Rating: 0 0
      Commented on:
      Sirius Finally Provides Wall Street the Clarity It Demanded
      cos1000, I understand you guys need to see them do things but some things can be taken as a factor, that they will happen. History of the last 2 years shows they will have at least 200 million in combined FCF from the 4th Q of this year, most should have been able to see this. Hell XMSR said in their last 4th Q call that the CAPEX was the reason for the lack of FCF and they wont have that again for a long time coming and that you will see a dramatic improvement in that and other metrics going forward. There are some simple facts Mel has continued to cut cost at SIRI, that has been shown over the last several quarters. The FCF positive in the 4th Q has grown greatly because of this and net adds in subscribers (about 50 million YOY). So there should have never been a question as to the amount of FCF this 4th Q and the cash on hand has been out there forever, so it is a matter of basic math. Now while if they used almost all of that cash on hand to pay off the Feb. and May debt it would leave them in a very bad position, if they were not at a break even point. The fact is lets face it, who hear really believes they will get absolutely no more financing and extentions of the credit they already have. The fact is the converts they are trying to get financed would love nothing better then to reconvert and the credit due in May will for the most part be extented. There is something I think most have forgotten that is, that all be it that while the credit market stinks and it is hard to get cash that is not what SIRIXM really needs when you break it down to the brass tax. SIRIXM does not need more money they just need extentions on the money they already have, there is a big difference there. The fact is the money that is at stake is money SIRIXM already have and if any of the crediters wants there money back, they know the best way to do that is not to try and get pennies on the dollar in bankruptcy court but to give them a little more time to pay them back. My point being is many have given bankruptcy the best odds of happening, when in reallity it had very little of a chance of happening.
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    • Sat Nov 15th 13:15 PM | Rating: 0 0
      Commented on:
      Sirius Finally Provides Wall Street the Clarity It Demanded
      I just dont get it, you guys asked for answers on the reverse Split and additional shares, Mel has given them to you. Now you can decide to believe him or not, but that was not the question before. It was, what was the purpose on the delution and RS.

      For those that still dont get it, the Feb. converts are not even a issue anymore (nor should they have ever been). You know why just wait to see the mounds of FCF the combined company comes in with in the 4th quarter (I estimate it will be between 200 and 230 million). I know many may ask I do I come up with such a large amount, that is easy for anyone that has followed the companies metrics for the last few years. 4th Q 2006 SIRIand XMSR each had around 30 million. 4th Q 2007 SIRI had 83 million and XMSR did not have any but had a satellite they paid off in the range of 85 million in that quarter, they dont have that payment this year. Now being conservative and NOT taking any savings that they are going to have from the merger, it is easy to see that both should have an additional 17 million in FCF this year. That 17 million is only adding a third of what they had in additional FCF from 2006 to 2007 which was about 53 million. Now some may ask why is this so important, well that is simple because if you add the around 200 million from 4th Q to the around 370 million they have on hand now you get at least 570 million. That also does not include the 120 million XMSR has in escrow with the MLB. 570 million is enough to take out the Feb. converts that is left and the May credit due. That is all, mind you if they dont get anymore financing for the Feb. converts and if they cant get any of the credit facilities extended (very unlikely because most will extend). Now that means no launch of that satellite in the Fall and Mel has already said they will be at breakeven without it, so no more cash is needed. That then leaves the Dec. converts, those are the only thing anyone should be concerned about at this time when it comes to the debt due in 2009.


      P.S. It is something I have said for the longest time and cannot understand why it is such a confusing issue for most.
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    • Thu Nov 13th 11:36 AM | Rating: 0 -1
      Commented on:
      Analysts Weigh in on Sirius' First Quarter as a Merged Company
      cos1000, no offence taken. I would just hate to see the people that have been with SIRI/XMSR for so long get it in the arse, as you would say.

      I also sold 50% of what I bought at 15 when it hit 16.5 (plus I still have the ones I have at much higher prices). I still like it because I believe they are going to use the money to buy more ships. I guess we will see.

      kilerkaul, I would just hate to see the people that have been with SIRI/XMSR for so long get it in the arse.
      View article »
    • Wed Nov 12th 18:32 PM | Rating: 0 -1
      Commented on:
      Analysts Weigh in on Sirius' First Quarter as a Merged Company
      P.S. when I said a few articles ago that I thought it was dumb to be playing around with your main holdings at this time, that was just my opinion that you were playing with fire and could very well get burned.
      View article »
    • Wed Nov 12th 18:26 PM | Rating: 0 -1
      Commented on:
      Analysts Weigh in on Sirius' First Quarter as a Merged Company
      I find it amazing that anyone could call that 4.8 billion a real loss. They act as though and write in the headlines like SIRIXM actually lost it. My question is are they then going to say they made 4.8 billion in a quarter or two when SIRIXM PPS gets back to where it was, somehow I dought it, truely unbelievable.
      View article »
    • Tue Nov 11th 13:38 PM | Rating: 0 -2
      Commented on:
      Sirius Reverse Split Only "to Satisfy Listing Requirements"
      cos1000, Do you see how unbelievable people are Mel comes out and says why the RS would be needed and why the extra shares are needed and that still is not good enough. Then they wonder why they are buying high and selling low and losing their money.

      To those of you playing around by selling your main holdings and buying them back in the hope of buying them back at a lower price, you better watch out we are almost half way through the 4th quarter. I would not be screwing around at this time. If you believe the company is going nowhere or going bankrupt then sell and stay out that is more intelligent then those of you who are messing around buying and selling your main holdings at this time, because I believe if it moves up you wont have time to get back in to save yourselves from major losses.
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    • Tue Nov 11th 12:47 PM | Rating: +2 0
      Commented on:
      Five Key Quotes from Sirius on Satellite Radio and Automakers
      Well This Might Be SIRIUS?, I would not even bother with his dumb a$$. Like I said it is clear he doesn't have a glue, look at what he wrote: "How do you waist $4.88 billion and still show les neg EBITHA? You cook the books!" He does not understand one is a loss due to the PPS going down (P to M) and the other is because of revenue going up and cutting cost (EBITHA).
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    • Tue Nov 11th 10:40 AM | Rating: +2 -1
      Commented on:
      Five Key Quotes from Sirius on Satellite Radio and Automakers
      To clear up my last comment you have to remember that the only reason retail has been slowing is because OEM penetration has gone up, if you already have a radio in your car there is no need to get one from retail. I believe that is one other reason they have increased their advertising. The catch 22 in retail this year is the economy.
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    • Tue Nov 11th 10:24 AM | Rating: +1 -1
      Commented on:
      Five Key Quotes from Sirius on Satellite Radio and Automakers
      Well This Might Be SIRIUS?, generally the 4th quarter is a retail quarter. Now that is not to say it will be a great one this year because of the increase in OEM penetration or because of the economy. I do think it is safe to say it will be better then 3rd quarter.
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    • Mon Nov 10th 19:29 PM | Rating: 0 -1
      Commented on:
      Earnings Preview: Sirius XM Radio
      sl62, You are forgetting about the huge FCF they are going to have in the 4th quarter. Remember SIRI had 80 million last year and while XMSR had none, they also had the satellite they had to pay for. I am telling you guys now that number is going to be alot bigger then most think. I believe well into the 200 million range for both combined.
      View article »
    • Mon Nov 10th 19:08 PM | Rating: 0 -1
      Commented on:
      Earnings Preview: Sirius XM Radio
      cos1000, markbmark is a bafoon. First for believing everything Mike H. tells him, then for trying to call me a lier. As you know that almost always ends badly for that person. As you know, I love to use peoples words against them and I have a good memory as were to find it. You think people would realize what you post is always there to be used again.
      View article »
    • Mon Nov 10th 17:50 PM | Rating: 0 -1
      Commented on:
      Circuit City Bankruptcy May Help Satellite Radio Inventory Levels
      Well This Might Be SIRIUS?, I know, the thing is you did what cos1000 always does just beat me to the punch. If I would have seen your comment I would not have made mine. sorry about that.
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    • Mon Nov 10th 17:37 PM | Rating: 0 -1
      Commented on:
      Circuit City Bankruptcy May Help Satellite Radio Inventory Levels
      Wow that was good 344,000 net adds, that was alot more then I expected. Ether Mel really under estimated or he believes that 4th quarter is going to be really bad. I find it hard to believe 4 th quarter will be worse then the 3rd quarter.
      View article »
    • Mon Nov 10th 16:23 PM | Rating: +1 -2
      Commented on:
      Circuit City Bankruptcy May Help Satellite Radio Inventory Levels
      This is what "markbmark" posted. I gave the facts you decide.



      markbmark 229 Comments Nov 10 02:44 PM WHAT A SHAME

      People come here looking for true thought about Sirius.

      But, Sirius pays people to post trash here.

      Crooks, all of them just crooks! Like that guy 163888 wants you to belive Sirius did not try to get protection in aa RECO scam lawsuit to get a setment to protect Sirius from other stock holders.

      Come on people. It is court proven raceteering! The Federal Judge ruled and bared the lawyers from practicing in thaat state for 5 years! These Sirius employees posting here whant you to be optamistic. What a joke!!!


      P.S. markbmark, I know you have not been here that long but you should know better then to try and test me on who is the lier.
      View article »
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