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Thread: Mel K (Hero or goat)

  1. #1
    sxminvestor is offline

    Mel K (Hero or goat)

    We will all find out between this week & March 1st. One way or another, I hope this doesn't go on until the end of the year, you know, one hurdle at a time.


  2. #2
    imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    goat = Greatest of All Time?

  3. #3
    rickand7 is offline
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    Mels not a dummy........

    Ok, the report is that Mel had a chance to sell out late last year. If that was true, and he said no, he better be confident that the next 18 months is done and dusted. In other words, he had to be confident that the forward debt was going to be paid, right?

    Lets consider that Mel, the salesman he is, actually is a dummy and has no idea how to run a company. How about a company that has serious needs, a challenging venture company, not one that is on cruise control. Let us say that is the case, eventhough we know its not, and let us assume that the rest of the management are dummies too! Hey, I know that there are a great number of things that I don't know, but if I had a million dollars to invest in my company, I know exactly what I would do. That's right, I know exactly what I would do. First, I would call Jack (former GE CEO), then I would call Eisner (former Disney), and on and on. I could probably get a lot of them to talk to me for free. Their lonely! I would get every great piece of advice that I could for free at first! Once I exhausted that chain I would get a few financial consultants, the best in the business. I would lock them up in a room and with the best admin assistants, we would not leave until we hammered out every possible scenario. What if this, what if that? We could take on the game plan for the second coming, you know what I mean, right?

    Now, we are looking pretty good. Eventhough the game plan changed a little bit, everyone will think we thought it up. Does'nt matter though, because what is important is that we will make the right decisions and give this company the future that it deserves, and at the same time, pay back our shareholders for being there for us when we needed them. Is'nt that a new concept?

    Listen people, if I can come up with this Alice in Wonderland story, and I am only a little guy, a small business owner, the big guys surely can, right?

    Mel's no dummy, you will see, trust me.

  4. #4
    Demian is offline
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    Hero = He Erases Rabid Optimism?

  5. #5
    Hughes is offline
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    If we get through this mess, this time next year we could be praising him as the GOAT (Romo's version) . Until we get more clarity, I will reserve judgment.

  6. #6
    sxminvestor is offline
    Quote Originally Posted by Hughes View Post
    If we get through this mess, this time next year we could be praising him as the GOAT (Romo's version) . Until we get more clarity, I will reserve judgment.
    I'm a big Romo fan and he has fumbled things late in the season the last 2 years, so I'm not sure how you praise someone as a GOAT. Hope Mel doesn't follow in his footsteps.

    What's ROMO's version ?

  7. #7
    Greenland is offline
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    who dat ?

    Sirius Xm making cell phones for 2010 ? wow , unlimited possibilities , unlimited.





    kiddin , but you never know. i've been gone a while and i thought i would throw some new light into the latest news of SIRI.

  8. #8
    rickand7 is offline
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    You are great.........be part of my team in the R&D department, ok, right!

  9. #9
    Seamless82 is offline
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    Joined: Jun 2008 Location: God's Country --- Up North Posts: 57
    Sirius make a cellphone??? Yea... that is right up their ally... Maybe Howard Stern can lead the R&D on this one. hahaha

    But let's be realistic here. Sirius is way undervalued, IMHO. Does ANYONE think , given 3.5 billion dollars that they could recreate what sirius has here??? Subscribers, content, versatile and powerful infrastructure? HELL NO!

    It's not that Sirius isn't extremely valuable, but Sirius is extremely (though we don't know precisely) short on cash to fund short-term obligations. Let's not forget, things look pretty good on the debt front once they get through 2009. Meeting future obligations, post 2009, seem more reasonable given merger synergies and growing cash flow, and the prospect of, shall I say, profitability! PROFITABILITY, I'll say again.

    In the short-term they are cash strapped. But all of this can change. We've seen the TED Spread narrow some, which is a positive signal for refinancing 2009 debt. But we are on the heels of a huge stimulus program, which many banks and investors are likely taking a "wait and see" mentality.

    It COULD BE, SIrius being a very high profile company, that it may be the landmark refinancing that starts a new wave of corporate capitalization! This news would spread through wall st at an alarming rate -- re moralizing shareholders, sending the message that refinancing is once again viable! We are in a crisis of confidence. I cannot think of a better way to send a new message to Wall St. than via S-Band satellite transmission.

    Hope for the best foks. The potential for Sirius is still great. We are, however, in a tough time. But have faith in the management team at Sirius. Mel K has a lot of personal investment riding on the company. He is a wealthy man, but he didn't invest with monopoly money. I believe he will act in the best interest of shareholders.

    Perhaps this dog will one day be as Apple; it was a dog but rose to great heights. Keep up the faith.

  10. #10
    Seamless82 is offline
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    Could ECHO be eyeing Sirius for SatMAX expansion???!???

    Echo Satellite Becomes SatMAX Corporation

    More News related to ECSC

    * SatMAX Corporation Selects EquityGroups.com to Create SatMAX Awareness
    * Echo Satellite Becomes SatMAX Corporation

    More News related to ECSC
    More News related to ECSC

    * SatMAX Corporation Selects EquityGroups.com to Create SatMAX Awareness
    * Echo Satellite Becomes SatMAX Corporation

    More News related to ECSC
    More News related to SATS

    * Charlie Ergen Reiterates His Interest In Sirius XM Radio (SIRI)
    * Echo Satellite Becomes SatMAX Corporation
    * EchoStar Delivers Transponder and Uplink Capacity for Vredes to Support Emergency Management and Oil and Gas Industries
    * DISH Network and EchoStar Statement Regarding TiVo
    * EchoStar's SlingLoaded(TM) 922 HD DVR Wins CNET'S 'Best of CES' Award for Hottest Home Video Product at 2009 International Consumer Electronics Show

    More News related to SATS

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    More News related to Press Releases
    February 2, 2009 5:04 PM EST

    HOUSTON--(BUSINESS WIRE)-- The Board of Directors of Echo Satellite Communications, Inc (Other OTC: ECSC), a leading global provider of wireless, non-line-of-sight satellite communications products and services, announced it has approved a change of its corporate name to SatMAX Corporation. The name change comes at the request of EchoStar Corporation (NASDAQ: SATS), which operates a digital set-top box business and a fixed satellite services business.

    The SatMAX System creates a satellite communications "hotspot" that enables fully wireless coverage for multiple concurrent users in any non-line-of-sight environment. With the SatMAX System, users of the Iridium satellite network can now use their existing satellite telephones or data terminals to make multiple concurrent calls within SatMAX-enabled "hotspot" areas from anywhere on Earth. SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. Known for our ability to design, implement and commercialize satellite communications technology solutions, SatMAX Corporation has a full array of wireless, non-line-of-sight communications solutions to offer to military, governmental, first responder, and industrial users for whom communication is not optional, it is critical. For more information, please visit www.echosatcom.com; or view or information video at www.angelvisiontech.com/clients/echo_satellite.

    Separately, the company announced that, due to the current price of oil, it has suspended the previously announce letter of intent to acquire Xeric Oil & Gas, Inc., pending price recovery.

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