hahaha:D:D
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hahaha:D:D
i got an email from gm, hmm interesting
"As you may have recently read, Liberty Media Corporation announced on February 17 that they have entered into an agreement with SIRIUS XM* to provide loans in exchange for a 40% equity interest and Board of Directors representation.
It is our understanding that this agreement enables SIRIUS XM to continue to develop the opportunities previously noted in the merger of SIRIUS and XM and it helps strengthen the capital structure and financial flexibility of the company going forward.
We are excited about this positive development that will better enable XM to continue providing great content and innovative programming.
GM will continue to work with SIRIUS XM as they venture into this new partnership.
Richard M. Lee
Executive Director, Satellite Radio Services – GM"
WHISPER IS REPORTING Release Date: Not Confirmed 2/26/2009, Monday
Before Open.
historically Mel announces earnings in the mornings Mon, Tues, or wed. when he announces on a thursday it has been bad
There's quite a bit of spin going on in the Yahoo finance boards right now on SIRI. I have ridden the roller coaster long enough now I'm not sure what to believe. Most of the dialogue is over the latest iphone/SIRI app article at: http://www.theiphoneblog.com/2009/02...-radio-iphone/
, plus the upcoming Q4 numbers, plus possibly pure delirium. Thought I'd pass the word - I'm usually just in here reading what the rest of you post.
LONG/SHORT/#&@#% SIRI
Anyone here read the latest Duke post on yahoo? I usually don't pay much attention to much of what goes on over there, but at least he can form coherent sentences and I always find it an interesting read. I think if we only add 150K subs in the 4th quarter, we are in serious trouble. I know the economy is bad, but 150K subs in what has usually been in our best quarter just sounds ridiculous to me. Anybody have thoughts on this?
The post can be found here:
http://messages.finance.yahoo.com/St...07&tof=3&frt=2
I actually responded to his post in the message board. I agreed with him they may miss by a penny, but his subs are crazy. His media angles are correct, as May debt is due on what day? The day before we might hear rumors how that will be taken out. Im not kidding, well I am, but not by much. Nothing would surprise me, not even another media bk scare, that Sirius adds fuel to by waiting too long. If they go this route, expect to stay under .20 cents till May.
Its really all up to how Sirius wants to play it. Hows it been since the merger.
150K new subs is unrealistic in my opinion. I’m basing this off of people I casually know through work who bought Sirius (not XM, which is kind of scary) for X-Mas. These are people who I would never think would buy this product and especially after market. It was only 6 different people but I only work with about 50. The question to me isn’t going to be if enough new subs were purchased. The question is did few enough people cancel subs with the channel switching to keep the churn in-line.
Let's be honest. If churn goes up significantly the street is not going to care if it is the economy or canceled channels. They are going to say Sirius XM is no longer a product people want to keep and continue to blackball this company. Fair or unfair? Doesn’t matter.