SIRI Intraday Updates for the Week of 2/16/09

[huppophonic]

I keep checking every 1/2 hour or so for a new article with some "new" info.

There's ways to have this done automatically for you.

Many of the sites, both official and unofficial have something called an "RSS Feed" available. RSS stands for "Really Simple Syndication." It basically distributes headlines that are linked to web pages.

You can get a ticker type widget for your desktop that automatically checks these RSS feeds at a specified interval and scrolls the headlines across your desktop. You set them to only display unread stories, so it's blank unless there's new content. It will consolidate the feeds from many places all in the same ticker, too.

I use FireFox for my web browser and it has something called "live Bookmarks' which are boomarks/favorites that contain a list of the linked RSS feed headlines. I also have an add-on RSS ticker for FireFox that sits up top below the menus and checks these 6 feeds every minute for new stories:

News stories posted on this site.

TUAW (The unofficial Apple weblog so i can hear about the iphone app announcement)

Google alerts for news stories with the word Sirius in them

Satwaves.com news posts

Sirius SEC filings from the SEC site

Official news releases from the Sirius Investor site.

[trippingthespeculatingpos]

if u know anything about body language you can tell mel was telling the truth, or at least what he believed to be the truth at the time, this guy is a stand up guy, sometimes he has to make some ugly decision's but leader's always have to make hard choices that get them criticized, imo he love's this company like a child and will do anything in his power to keep it afloat without bk, its obvious a bk would destroy this company and mel.

[sxminvestor]

if u know anything about body language you can tell mel was telling the truth, or at least what he believed to be the truth at the time, this guy is a stand up guy, sometimes he has to make some ugly decision's but leader's always have to make hard choices that get them criticized, imo he love's this company like a child and will do anything in his power to keep it afloat without bk, its obvious a bk would destroy this company and mel.

Well, he thought it was ridiculous at the time, but things have gotten alot worse on alot of fronts then he believed. I believe he meant what he said at the time, but we'll see.

[Phil]

Sirius is the brightest star in the night sky.

[Hopeful]

Thanks for replying guys but I was more so referring to these the two lines particularly the first one,

"I guarantee you that Dish and Direct TV would have liked to have the merger done." Mel

"I think that these companies today are going to capture the values and you are going to see the stock improve" Mel

[Demian]

Sirius is the brightest star in the night sky.

Shine on you crazy diamond....

[Phil]

Shine on you crazy diamond....

Pile on many more layers and i'll be joining you there....

[trippingthespeculatingpos]

http://www.rapidtvnews.com/index.php...edged-out.html

Sirius-XM CEO Mel Karmazin looks to be in personal troubled waters. The Wall Street Journal says a group of Sirius investors, already unhappy with the evaporating share price, are out for blood.

Today is the day (Feb 17) for Sirius-XM, when it must pay up $175m to Echostar, which holds the pay-radio company’s convertible bonds due to be redeemed today. The word on the street is that Karmazin has secured an investment stake from John Malone’s Liberty Media to help meet the Echostar obligations, and thus give Sirius a little breathing time.

We will know more later on Monday evening, or early Tuesday when Sirius will likely make an SEC filing as to its intentions. Most observers see Liberty (itself not exactly flush with spare cash) to fund a loan in the shape of a senior secured note.

But if that cash is not paid over then Sirius-XM might well end up filing for Chapter 11 bankruptcy. Which is where the investors group get tetchy.

"Creditors will act quickly and definitively if they perceive that management is (not) acting ... in the best interest of the estate," the Journal quoted Edward Weisfelner, a partner with Brown Rudnick LLP - the law firm representing the creditor group - as saying. In other words the shares may be almost worthless, but at least they give investors a finger-hold onto the business as it emerges from its debt-burden.

Meanwhile, the Sirius-XM and Liberty deal is understood to mean there will be a closer working relationship with DirecTV.

[Sworntwofun]

they are saying right now..liberty is taking a mojor stake in sirius xm

[Hughes]

Breaking News on Fox Business: Liberty is NEAR a deal with SiriusXM reports the WSJ.

If I can get a link, I'll post it.