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Earnings should be coming soon for Sirius. Expect an announcment either at the end of this week or early next for a date.
What will Sirius have to offer this week? Have we truely found a bottom at 0.10 and change or is there further downside? Will more dilution come this week? Any financing news?
Discuss...
http://www.msnbc.msn.com/id/28842068
Chrysler exec sees automaker ‘viable’ by spring
Sun., Jan. 25, 2009
"...Chrysler can be viable if the U.S. light vehicle market shrinks from last year's 13.2 million in sales to just over 10 million. As recently as 2007, the market exceeded 16 million."
Nice change from doom and gloom.
Newman...Have we truely found a bottom at 0.10 and change or is there further downside?
Could it be that the Market Makers are keeping it around .10 intentionally until the financing issue is announced at which time they will dive in and give the stock a nice bump up?
Do you think when Mel said (paraphrasing) he was planning on having the debt taken care of by March 1 he was planning on getting the 1 month extension on the feb debt and then and taking care of all 09 debt by march 1?
Oh yea, this will hit the mainstream and be a huge competitor to Sirius/XM - because the masses will be throwing their Sirius and XM radios in the trash and be running out to buy a new radio that costs $1299 and gladly pay $28 a month for less channels. But what will really bring them in is that "three-pound antenna that's permanently attached to the car's roof"...
http://www.radioink.com/Article.asp?...990&spid=24698
AT&T CRUISECAST ADDS MTV PROGRAMMING
DALLAS -- January 26, 2009: AT&T Services and RaySat Broadcasting Corp. have completed a deal to offer MTV Networks content through their upcoming in-car audio and video service, CruiseCast. The deal will let CruiseCast offer programming from MTV, Comedy Central, Nickelodeon, and other channels.
"Our recent multiplatform deal with MTVN cements the addition of some of television's most compelling brands on our new AT&T CruiseCast service," said AT&T Services SVP/Content Rob Thun. "We are thrilled to have MTV Networks programming to offer our subscribers."
MTVN EVP/Content Distribution & Marketing Denise Denson said, "Our audiences want fast and full access to our content whether at home or on the go, and AT&T CruiseCast service gives us an exciting new platform to reach even more of our fans when they’re on the road as well."
CruiseCast is set to launch in the spring with 20 audio and 22 video channels, many of them family-oriented. It could ultimately become a competitor to Sirius XM, but at launch, it'll be a more expensive option -- $1,299 for the system and $28 a month -- and it's strictly in-car for now, with a three-pound antenna that's permanently attached to the car's roof.
Mel never said that he was planning on having the debt taken care of by March 1st......that is a misinterpretation of what he said, but I do think that your theory is a possibility, although I doubt that the Feb. debt will be extended - it will be paid as soon as possible or renegotiated as part of a bigger deal...Quote:
Originally Posted by stang3O2
I head Mel speak about "March." If I remember correctly, he said he "would like to" have the entire 2009 debt taken care of in March. If my memory is correct, he did not give any specific date (e.g., March 1). There was no promise or use of words like "intend" made at that time.
Direct quote:
That means they are looking to complete the plan by March 1st, does not mean they are implementing the plan by then or plan on having everything refinanced by then.Quote:
Originally Posted by Mel Karmazin
Speaking of debt: What is the best way to do research on bonds? I used to do them in my WellsFargo investment account, but since I moved those funds to another account, I can nolonger access the investment research. Scottrade will not show anything other than "Investment Grade" bonds, and with the most recent downgrade, Sirius is no longer investment grade. Anyone else know of a good bond research site?
Quote:
Originally Posted by SteveSirius
Not true......he never said anything of the sort.
SIRI closed down .001 @ .107.........brought down from .109 on the final ticks.
Super low volume of only 13.6M.......
Another day, another 1/10th of a cent......
Actually Demian, just because you didn't hear him say it, doesn't mean he did not say it. I heard him make such a statement in an interview he did. If you are not willing to take me at my word that I heard him say that, well, then you won't. I heard him say he "would like to" (or words to that effect) take care of the 2009 debt in March. I stand by this.
This is Satellite TV and Radio right ? Disney and Nick pay for themselves in one trip (as a matter of fact those 2 channels are the only reason I have cable at home and I pay more than $60 per month, well and VH1 and MTV). Can't wait for it to come out and check it out, my kids are going to love it.Quote:
Originally Posted by Demian
What interview was that?Quote:
Originally Posted by SteveSirius
Do you have a link?
I follow the SIRI news flow on a daily basis and I have never seen him quoted as saying that...
I also heard him say it but I thought he was bluffing or joking. I think it was in one of those Detroit Radios/Videos interviews no more than 4 months ago..Quote:
Originally Posted by SteveSirius
Hi Demian-Quote:
Originally Posted by Demian
No, I don't have a link and I don't remember the interview, but I know it was a video of an interview I saw several weeks ago (I watched it on the computer). I am absolutely positive I heard Mel say that he "hoped" to have the entire 2009 debt "taken care of" (or something to that effect) by March. I remember being quite surprised to hear him make such a statement. In the way he was saying it I'm not sure if it was just wishful thinking on his part, or if he actually had some realistic plan about this.
Sorry I can't give you any more information. Having said all this, I would encourage you not to put too much weight into this statement by Mel, as it may have been only wishful thinking on his part and, as we all know, even if he had something in place a few weeks ago, things change quite rapidly these days!
What's your favorite shows on those channels?Quote:
Originally Posted by Siriusowner
Do you watch a lot of Hannah Montana?
http://imagecache2.allposters.com/im...ds-Posters.jpg
http://annikamendoza.files.wordpress...ah-montana.jpg
I also remember Mel saying he hopes for "all" of the debt to be taken care of by March 1st.
I believe is was during Mels last quaterly report live on Sirius...Quote:
Originally Posted by SteveSirius
No, I will be driving I can not watch TV while driving.Quote:
Originally Posted by Demian
Nice article below.
AT&T CruiseCast Honored Twice at 2008 SEMA Show
Breakthrough Total In-Car Entertainment Technologies Collect Global Media and Best New Product Awards
Dallas, Nov. 10, 2008 – Thousands of innovative products are unveiled each year at the Specialty Equipment Market Association (SEMA) Show, a world-renowned automotive accessories trade event held annually in Las Vegas. Only the most cutting-edge products are selected for recognition, and AT&T CruiseCastSM became one such item when it was honored with the "2008 SEMA Global Media Award."
An esteemed panel of international journalists attending SEMA picked items for this award based on potential consumer appeal in countries around the world.
Additionally, AT&T CruiseCast -- which was unveiled at SEMA by AT&T Inc. (NYSE:AT&T) and RaySat Broadcasting Corporation -- was named 1st Runner-Up in the "Best New Mobile-Electronics Product" division. Of the more than 2,000 products up for consideration in the 12 divisions, only 36 items were recognized by judges.
The two honors received during SEMA were just part of AT&T CruiseCasts very successful unveiling to the automotive industry, said RaySat Broadcasting Corporation President Winston Guillory. Over the tradeshows four days, thousands of people took the opportunity to get a closer look at the breakthrough technology that outpaces any other in-car entertainment available on the market today.
"To receive such accolades at SEMA is fantastic, Guillory said. Even more rewarding was the positive feedback we gathered from expeditors, buyers, distributors, journalists, exhibitors and everyone that visited our SEMA booth. I think a lot of people saw that this is the future of Total In-Car Entertainment."
Satellite industry visionary Yoel Gat, Chairman and CEO of RaySat Broadcasting Corporation, said: "We knew we had something special in AT&T CruiseCast, but the 'wow' factor became extremely apparent as automotive industry insiders realized that the TV viewing experience from home can now be delivered to the open road."
AT&T CruiseCast utilizes a compact, low-profile antenna for use on cars, trucks and SUVs; and a breakthrough technology that overcomes line-of-sight obstacles such as overpasses, buildings, trees or tunnels. The system will have a robust 22 channel line-up to include a variety of kids and family, documentary, music, comedy, news and sports programming. Options will include Disney Channel, Toon Disney, Discovery Kids, Animal Planet, Nickelodeon, Cartoon Network Mobile, USA, COMEDY CENTRAL, MSNBC, CNN Mobile Live and CNBC. Twenty satellite radio music channels will also be available at the launch, and the service has the ability to add channels to meet market demands.
AT&T CruiseCast is made consumer-friendly by the unique scaling down of satellite technology into a small pod-like antenna that affixes to the roof of vehicles properly outfitted with roof-racks or magnetic mounts. The antenna is paired with a receiver mounted in the vehicle and provides all video and audio connections to the appropriate vehicle systems, such as Rear Seat Entertainment, Vehicle Audio System etc.
The groundbreaking service was developed in collaboration between RaySat™, Inc. a leading manufacturer and supplier for the mass market of cost-effective, low-profile satellite antennas that enable communication on the move; and AT&T, the worlds premier telecommunications company. RaySat Broadcasting Corporation, a privately held U.S. company, will be working with AT&T to introduce the new product to the marketplace. The service will be sold through auto dealerships and other aftermarket channels when it debuts in spring 2009.