Originally Posted by
SD-08
Siriusowner, let me ask you this,
Is there a chance, that in typical MEL fashion of under estimating and over deliver, we could see synergies / cost savings greatly exceed expectations which could do wonders for FCF.
If so, staying on that same train of thought,
"WHAT IF" all the 2009 debt is handled by March 1 as Mel said? AND, Q4 numbers blow away estimates (I have a calculation that shows SIRI having up to $750m in coh),,,, Ipod,,,,new products,,,,advertizing,,,,,new services,,,,new partnerships, etc,etc,etc......all being strategicaly unveiled within a few months?????
EVERYONE, has known the 2009 debt hurdle is top priority since the merger, most of all MEL. That doesn't mean the rest of SIRI has shut down.
I'm not getting gitty just over putting the debt behind us, I'm gitty over the possibility of Mel orchestrating such plan on so many facets that it DOES change the company over night.......
Everyone loves say Mel shouldn't have done the merger after the 18 month delay and now he backed into a corner and doesn't know what he's doing. I completely disagree, he knows EXACTLY what he's doing and I believe he's playing EVERYONE!
btw, as for the auto's, we are in the BEST CASE scenario with them. Sales tanked and maybe bottomed in the 4th Q which means we INCREASED our coh by not having to make the acquisition payments, and now we have full exposure to every auto maker with our percentage of vehicle installation reaching 70%.