"On Sirius, he says Malone sees “lots of leverage to the operating base,” which basically means if you raise rates on 19 million subscribers, you can really improve cash flow performance. He also said the company is looking at many options on next moves, in particular trying to figure out ways to benefit from the company’s substantial net operating loss carryforwards. He says Liberty is looking at things like converting some debt to preferred shares and various sale/leaseback arrangements, among other things. Malone and Maffei are some of the world’s most creative financial engineers, and Sirius gives then some new opportunities to play. "
Link:
http://blogs.barrons.com/techtraderdaily/2009/04/17/update-on-linta-maffei-expects-to-refinance-qvc-debt/?mod=yahoobarrons[/URL]
SIRIUS XM SATELLITE RADIO FORUM
Originally Posted by Sundevil
