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They'll be able to buyback shares down the road, but by then they will be worth a lot more than they were sold for.

I guess this is why a reasonable loan would be better than dilution.

I tend to agree. I just hope that management suggests the same in light of this recent news.

What about dilution? Isn't it better to do this than to take bad financing? Of course I would want...

So Homer even though we are against the RS should we consider voting Yes, assuming (hoping) that it will not be necessary...just so that in a worse case scenario they do have option? Or can we...

Homer,

In order to stay on the Nasdaq until December 2009, wouldn't SIRI have to be able to say that they have approval to do the RS (if necessary) in order to get the extra 180 day extension? ...

I love having the amount of shares I have. I want to buy more. I want the number of outstanding shares to go down because of a buyback. I don't like the idea of an RS, but that doesn't necessarily...