Siri Monthly Tread. September

[user34615145]

and what user said because that guy is one smart cracker.

That's the way the cookie bounces!

[MUSCLE13]

I admit right up front that I'm not a technology expert, but I think the answer to your question about Europe is that the company currently has satellites only over North America and would have to launch at least three over Europe - even with SXM17 technology - in order to make that work. Same question has been asked about the potentially huge market in Latin and South America.

Say what you want about content being the differentiator, but it's the satellites (and to a lesser extent the repeaters as well) that are the moat that keeps out competition from entering the sat-rad business. At $260+ million per satellite, that not an easy moat to cross - for anyone. It's been a nice couple of years here where SiriusXM has not had any significant CapEx but if memory serves, I believe they will have to start spending big $$$ for the next Satellite sometime within the next year...So that should impact FCF wouldn't you think?

Satellites are to SiriusXM what Medallions are to Yellow Cab in NYC.....expensive moats that keep out the riff-raff competition. Now if someone could find a way around that Satellite moat, like Uber and Lyft did with the medallion moat, that would be a game changer. Until then SiriusXM will continue to send $260 million into space every year or three to keep the moat operational.

I am not for one second suggesting at all that Sirius launches sats in Europe. SXM17 looks to be based on bringing on demand content and customized music through the internet and combining it with Sat radio in the car in the US. Why not just bring the internet portion of SXM17 overseas? All the cars will eventually have embedded modems. US and Foreign.

[MUSCLE13]

I would stay in cash for a moment. I do believe we could have a year end rally and if you are ok with stepping out of the box, i would buy some Apple here. I know you dislike Apple but I think it's going back to test its 52 week high or more. If it's about making money, I think this is a winner.

I don't follow Apple, and I don't invest in what I don't follow. That's where my S&P 500 index money goes. Not a gambler. Just posting the question has made me think Disney again. I am so positive on Star Wars in December. That's what I use the boards for........Thinking out loud.

[midas360]

You know... having a dial-up modem in a car would be awesome. Then you can watch Disney VHS tapes while surfing Compuserve or the Imagination Network.

How do you like dem oranges?

I am not for one second suggesting at all that Sirius launches sats in Europe. SXM17 looks to be based on bringing on demand content and customized music through the internet and combining it with Sat radio in the car in the US. Why not just bring the internet portion of SXM17 overseas? All the cars will eventually have embedded modems. US and Foreign.

[user34615145]

I am not for one second suggesting at all that Sirius launches sats in Europe. SXM17 looks to be based on bringing on demand content and customized music through the internet and combining it with Sat radio in the car in the US. Why not just bring the internet portion of SXM17 overseas? All the cars will eventually have embedded modems. US and Foreign.

If they can do that it would be a game changer for sure. Like I said, I'm no technology expert so I don't know. I guess I'm just assuming they will need more Sats to do that. Otherwise, if it can all be done over the internet then sats aren't needed at all going forward. Now...if they can leverage off of their existing sats over North America, like I said...that's a game changer for them!

[MUSCLE13]

If they can do that it would be a game changer for sure. Like I said, I'm no technology expert so I don't know. I guess I'm just assuming they will need more Sats to do that. Otherwise, if it can all be done over the internet then sats aren't needed at all going forward. Now...if they can leverage off of their existing sats over North America, like I said...that's a game changer for them!

I have very little doubt that sat and internet will be combined in the car in SXM17 in the US. Mel used to talk about all the time . Making 1+1=3. The foreign portion to me would have to be just internet if they ever do it.

[MUSCLE13]

You know... having a dial-up modem in a car would be awesome. Then you can watch Disney VHS tapes while surfing Compuserve or the Imagination Network.

How do you like dem oranges?

Even Meyer said at the conference that by the end of this decade over 85% of new cars sold will have built in LTE modems in them.

[midas360]

I know. I guess my humor falls on deaf eyes. I've been in the IT business for a long time and I haven't heard the term "modem" used in quite a while. It took me back to the days when I was programming on an Apple II 48K memory and a 300 baud modem. As years passed by, I would login into Compuserve, Imagination Network, and AOL with a dial-up modem. I was just having some fun. Good stuff!

Even Meyer said at the conference that by the end of this decade over 85% of new cars sold will have built in LTE modems in them.

[midas360]

I agree. Let me ask you something. For SXM17 to work, what needs to happen in the vehicle?

Also, did you happen to see this news:

AT&T Taps Former Sirius XM, Cisco Exec as Video and Internet CTO

It wouldn't surprise me if this guy tells Randall to buy Sirius XM. Sirius XM would be chimp change.

I have very little doubt that sat and internet will be combined in the car in SXM17 in the US. Mel used to talk about all the time . Making 1+1=3. The foreign portion to me would have to be just internet if they ever do it.

[MUSCLE13]

I know. I guess my humor falls on deaf eyes. I've been in the IT business for a long time and I haven't heard the term "modem" used in quite a while. It took me back to the days when I was programming on an Apple II 128K memory and a 300 baud modem. As years passed by, I would login into Compuserve, Imagination Network, and AOL with a dial-up modem. I was just having some fun. Good stuff!

I did not like Tinkers report in Barrons yesterday. $6.55 in 2019? WTF - 4 years away. And the numbers didn't make sense. He compounded 1.7 billion in EBITDA at a 10% annual growth rate (way too low) to $2.3 billion in 2019??? With 10% I get close to $2.5 billion in 2019. Closing in on $2.3 bil in 2018. 36 million subs in 2019 way too low. Numbers make no sense to me. The only thing I liked was the $4.75 2016 target.

He lowballed everything.......