Bulldog
If this info is credible, I would think that Echo buying the bonds would likely end up as payment for a couple of satellites. relieving the debt and increasing cash flow possibilities. ...
Type: Posts; User: just sirius
Bulldog
If this info is credible, I would think that Echo buying the bonds would likely end up as payment for a couple of satellites. relieving the debt and increasing cash flow possibilities. ...
How about .25 in premarket? That is a good start!
Let's see what tomorrow brings!
Tripp
Makes sense to me. kinda thinking the same thing about the new investor!
Tripp
I knew you would come in here kicking WSJ butt. Stay positive my friend!
Newman
I feel better now. I've decided not to bend over!
SXM
Thanks for rational thinking right about now. The more i think about it, it seems if ECHO wants SiriusXM, there would be easier ways to get it done without F'ing with the subs, shareholders,...
Newman
Can you try alittle harder to convince the rest of us(lol) I just had to change my underwear after reading that WSJ article.
newman
I checked the balance sheet of Echo. Your numbers were correct. 960M in cash and short term investments. 300 something M in debt. Cash and equalivents were only 300M and change.
Newman
If he BK's the company, what would happen to your lifetime sub? Could you cancel and get a refund on unused portion?
Newman
Anyway to find out if Echostar has that kind of cash. Your right, their business model has been failing on all fronts. Wouldn't they have to report these purchases in a filing with the...
Winagan
just saw that article. I do not have access to full article. this could be a game changer. Accumulating Feb debt is nothing. If Echo begin accumulating Dec debt, i believe that this...