Sirius Satellite Raido (SIRI)
 

I've been a Sirius Subscriber since January. It is a fantasitc product.

Howard Stern Announcement

Peace,
Joe Tall

Re: Sirius Satellite Raido (SIRI)
 

I just heard his announcement on the way to work. Would it be too late to invest in SIRI now since?

Re: Sirius Satellite Raido (SIRI)
 

Now I can finally get out of this pos...

Re: Sirius Satellite Raido (SIRI)
 

It is going to spike today, however if you followed the XM ( XMSR ) radio Stock, you'll see it hit a high of near $40. Sirius has currently spiked to just over $4.

I have nearly 3000 shares; today is an intestign day for me. About a month after I had Sirius radio, I started buying stock. I have Sirius Radio on now I type this, it's completely addicting; a great product. With the NFL package and now Howard Stern, I think it's going to be a sure buy right now.

Oh, and it was my brother who bought me Sirius as a gift. He is and has been a XM radio subscriber for a couple of years and bought and sold XM stock over it's climb. For what that is worth.

Peace,
Joe Tall

Re: Sirius Satellite Raido (SIRI)
 

Now I can finally get out of this pos... \

You may regret that. It's sure to out sell XM now.

Peace,
Joe Tall

Re: Sirius Satellite Raido (SIRI)
 

Look at how much the company is valued at now...over 4 billion!!! That is pretty high for a company with revenue of 30 million. This company will take years (if ever) to reach a profit....The product kicks ass....the stock is an overvalued piece of crap....I am glad I got out today at break even...

PS I was forced to buy this by a relative who gave me the $

Re: Sirius Satellite Raido (SIRI)
 

I'm not sure that Stern has the ability to get new customers to subsrcible to a whole new medium. My brother bought Sirius, mainly because they claimed that they were commercial free when he bought it. A few weeks later XM went commercial free, and now apparently Sirius has gone back on their claim.

Seems like a cash flow problem when they need to go back on their commercial free claim.

Re: Sirius Satellite Raido (SIRI)
 

and now apparently Sirius has gone back on their claim.

Huh? They are commerical free, always have been.

Peace,
Joe Tall

Re: Sirius Satellite Raido (SIRI)
 

Are you sure? I had it in my car for a cross country trip recently and heard a crap load of commercials. (on Sirius stations too, not just syndicated ones)

Re: Sirius Satellite Raido (SIRI)
 

I head the Howard Stern news yesterday, and it seems like a no brainer purchase. I setup an etrade account today (have only 401k until today) just to purchase SIRI stock. However, etrade doesn't let you buy stock that is <$5 per share for the first 7 days after an account is open!

In the meantime, I lost 5% today... and now I'm waiting for the stock to hit $5 or 7 days.

- Jason

Re: Sirius Satellite Raido (SIRI)
 

some of the reviews of those that know about the stock seem to thnk the company wont make it with its expenses no matter how many more subscribers it gets within reason. likely to find this stock gets put into bankrupcy to eliminate stockholders equity and then see it evolve into something profitable. i would trade it but not hold it for a long time.

Re: Sirius Satellite Raido (SIRI)
 

Ray is right....

Re: Sirius Satellite Raido (SIRI)
 

I also agree with Ray. I bought into Sirius around $1 a year and a half ago and bought XMSR at $2.50 around thanksgiving a couple years back. Felt at the time they were a little too beat up, and when I bought Sirius there was a decent gap between XM and SIRI. I've sold both awhile back (SIRI @ 1.80 XM @ 10, held onto some, not much, XM shares). Anyway, if anything I would short SIRI at 4, the cash flow and subscriber expectations do not support $4 at this time (definitely not a $4.6B company at this point, even considering expectation). But even shorting is high risk with this stock, so ultimately I don't think I would touch it. When I bought SIRI at $1 I considered it really to be a gamble, think both XM and SIRI are relatively overpriced.

Re: Sirius Satellite Raido (SIRI)
 

I enjoy Howard and all and was listening when he made the annoucement, but as far as the stock goes, seems like a classic case of "buy on the rumor, sell on the news". Buying into feeding frenzies is generally not a good idea. As Ray pointed out, this is probably a great trading stock, much like the profitless internet stocks were in '99, but not a long term hold for the same reason the internet stocks weren't. Selling at 130X sales is a weeeee bit pricy. This has Howard's success priced in 10X over.

Re: Sirius Satellite Raido (SIRI)
 

[ QUOTE ]
I head the Howard Stern news yesterday, and it seems like a no brainer purchase. I setup an etrade account today (have only 401k until today) just to purchase SIRI stock. However, etrade doesn't let you buy stock that is <$5 per share for the first 7 days after an account is open!

In the meantime, I lost 5% today... and now I'm waiting for the stock to hit $5 or 7 days.

- Jason

[/ QUOTE ]

That is funny...

Re: Sirius Satellite Raido (SIRI)
 

looking at the market cap on both sirius and xm these stocks cant survive w/ the cash flow and revenue they currently have. There will be a fallout eventually, something must happen. I've havent seen a stock this overpriced since the tech boom of 99. this bubble will pop just the same. buying these stocks at the current share price is like playing 2-7 off against aces w/ 2 aces on the flop. ur gonna lose.

69 <- name not indicative of market knowledge.

Re: Sirius Satellite Raido (SIRI)
 

Surely you do realize that you can't compare stock prices across companies. Surely, if you're investing in stocks, you realize that for a comparison to mean anything *at all* you need to know the number of shares outstanding. If you know that company A and company B are both 'worth' the exact same amount, knowing that company A's shares sell for $10, and company B's sell for $200, you still have *no idea* which is a better investment until you find out how many shares are outstanding.

Re: Sirius Satellite Raido (SIRI)
 

As I work in the industry, subscribe to both, and have a good hand on the pulse of satellite radio, I will offer my expertise to any and all who will listen.

For the record, I am a Manufacturing Rep. for Clarion Car Audio-USA, who is a Sirius satellite member. I have a Clarion deck in my car, w/ Sirius...a Clarion plug and play at home, a Delphi XM at home, and a XM Commander in my truck, going AUX in. I know, sounds complicated, but I have been doing this for years.

Is Sirius a good stock...absolutely. People said cable and satellite TV would fail, and they are growing daily. People said cell phones would fail...who here does not have at least one? Satellite radio is the future, and a bright one. Sirius has huge investors, and has bigtime capital to secure them thru physcal 2005.

Is XM good stock? Probably so....I have both, but I think Sirius is much better.

Line-up differences...

Sirius is all about music, and all the music channels are commercial free....anything that could be piped in thru another company, may or may not have commercials. Sirius has NFL, college sports, and now Howard Stern. Comedy 147 is awesome, and they music is the best I have heard. They have 2 satellites that roam, and a large number of repeaters, so drop-out rarely happens. Usually a drop, is a stream update. I love Sirius...and like I said, I have both. Sirius is $12.99/month on the basic plan. With that...you get a FREE streaming account, to listen via the internet on any computer you log onto w/ highspeed!!! This is an awesome selling feature, and makes work fun when you are not in CRP.

XM....tons of commercials, good content, college sports, ACC especially, awesome comedy channel, XM150....and they have NASCAR exclusively till the end of 2005. $9.99/month on the basic plan, but you have to pay for the stream account, and their streaming SUCKS.

How can you get Satellite Radio in your car.....
1. Direct plug...replace your factory deck, add a box and antenna and play direct.
2. Plug-N-Play...the big ugly units that you can take in and out of car, home, boat, etc. This is good for people who are all over the place, and too cheap for multiple subscriptions... It works either FM modulated(plays thru the FM station on your dial), or has to be run into an AUX audio jack on your factory or aftermarket deck.
3. FM mod, w/ heads up....this is a permanent mount, FM pc...kinda like the XM commander, or the Clarion DSC920S/SIRCL1 combo.
4. listen via the internet
5. listen to a PNP kit via your home audio system.
6. listen to a PNP via a boombox

All units MUST HAVE AN ANTENNA....

I love Sirius....Satellite radio is here, and you may see new brands coming. Sirius will be streaming music videos to the car/computer 1st Qtr 2005.....and movies to come.

Not sure what XMs new deals are....I will do some more research.

Email me if you want to get hooked up....I have access to alot of stuff.

I hope this gives you guys some insight....i will be happy to answer Qs, emails, etc......

Re: Sirius Satellite Raido (SIRI)
 

Also....on the claim of commercial free....

You have to remember, both companies can only control commercials, where they own the channel or programming in question.

All "SIRIUS" music channels are commercial free, as well as anything else that is SIRIUS programmed. Anything that is piped into Sirius, from someone else(like cable channels, ESPN, news, etc) can have all the commercials they want.

More of XM is piped into XM, so you have a ton more commercials. You listen to comedy 150 on XM, and you will get a 5 min. commercial block, almost every hour.

Sirius is much better, and they have much better technology.

Re: Sirius Satellite Raido (SIRI)
 

Just a note regarding people "in the know." I don't really know a whole lot about who is good and who isn't, but the motley fool likes SIRI.

Re: Sirius Satellite Raido (SIRI)
 

Look at SIRI # of os shares compared to xmsr # of shares

xmsr-204.4 million
siri-1.237 billion

SIRI has 6x the os stock as xmsr.

Re: Sirius Satellite Raido (SIRI)
 

I understand the concept and I am not saying the fool is right or wrong. I'm just passing along the info. They make a decent case for liking the stock if you read the article though.

Re: Sirius Satellite Raido (SIRI)
 

I think it is the old: "good company, bad stock" story. Mgmt is paying huge $$s for content (the NFL - who is going to listen to games on the radio as opposed to watching on the TV - Howard, etc) because they need to gambooool in order to make this work. They'll just issue more and more stock to pay for all these bets and the current stockholders will probably get screwed.

Re: Sirius Satellite Raido (SIRI)
 

I have also read that any time SIRI wants to raise funds they just issue more shares to sell...I think they did this a few days after the Stern announcement...Personally I bought the stock at $4 and have lost a little as it is about $3.90...I do think that Stern will turn out alot of new listeners for SIRI which will suprise all the SIRI haters out there...

Re: Sirius Satellite Raido (SIRI)
 

Did anyone get in on the 'pop'. I'm out for now sold at $6.67 doubling my investment.

Peace,
Joe Tall

Re: Sirius Satellite Raido (SIRI)
 

Joe,

I was going to buy at 3.90, and didn't for some dumb reason. Now I'm sitting here as it's at 6.72 and waiting for the time to get back in.

What price do you think would be good to buy at?

Re: Sirius Satellite Raido (SIRI)
 

the time to buy will be after they go into bankrupcy and obliterate all the stockholders equity. then they reorganize and issue new shares. then take a look.
now they are something like a seven billion dollar company based on market capitalization. with no real earnings. where is their future. no matter how good the product is people arent going to pay 100 bucks a month or buy ten subscriptions.
besides this will be like fm radio was. few ads at first then too many.

Re: Sirius Satellite Raido (SIRI)
 

This company isnt going bankrupt.. they are sittin on 800 mil in cash. They WILL have 5 mil subscribers in 1 year. They will be bringin in 600 mil a year on subs alone then add the advertising they will be selling. In a few years they will be profiiting over 1 billion year ez. I got in at 3.80.. just bought more today at 6.41... this suckas gonna go.

Re: Sirius Satellite Raido (SIRI)
 

they have 800,000 now getting to 5 million is a stretch, so you lose much credibility on that. plus the company is valued at about one quarter as much as fed ex. so how many think this company that is losing money is worth one quarter of fed ex.

Re: Sirius Satellite Raido (SIRI)
 

Im long 1000 at $4.02 have moved my stop up to $5

Stock Down on Words from Ray Zee
 

Sirius Satellite Radio Inc. slipped more than 10 percent in Wednesday trading after a notable 2+2 author downgraded the stock and told investors to take profits following a three-month run-up.

Author Ray Zee cut Sirius to "Neutral" from "Overweight, saying he believes the stock's price is "much closer" to reflecting its near-term growth opportunity.
He also noted that Sirius shares have more than doubled since Sept. 30, compared with a 3 percent increase in the Standard & Poor's 500 index. In recent activity, Sirius dropped 7 percent, or 47 cents, to $6.24, with more than twice the average shares changing hands on the Nasdaq.
The decline comes a day after Sirius surged to its highest price this year as the company renewed expectations of reaching 1 million subscribers by year-end.
Sirius on Tuesday said it passed 800,000 subscribers earlier this week and remains on track to hit a million users through December. Shares climbed 12.3 percent to close at $6.71 -- nearly three times a September low of $2.27.
But Zee said profit-taking is a "prudent" strategy since Sirius' stock is susceptible to "minor hiccups." He said while Sirius now has to add 80 percent more subscribers per day in order to reach its goal of 1 million -- a likely growth during the holiday season -- that acceleration limits the room to beat expectations, which could pressure shares.
The author, however, said rival XM Satellite Radio Holdings Inc. -- which has about three times as many subscribers as Sirius -- presents less risk and potential for better reward.
"We continue to see substantial opportunity in the satellite radio sector, but now believe the better risk/reward is at XM, which has more subs, and we believe a faster turn to free cash flow profits and a one-year technology lead," he wrote in a research note to investors.
Shares of XM added 9 cents to trade at $36.75 on half its normal volume in recent activity on the Nasdaq, edging on a 52-week high of $37, its highest price in four years.
[img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img] [img]/images/graemlins/smile.gif[/img] [img]/images/graemlins/shocked.gif[/img] [img]/images/graemlins/tongue.gif[/img] [img]/images/graemlins/grin.gif[/img]

Re: Sirius Satellite Raido (SIRI)
 

5 million is not a stretch... howard stern doesn start until Jan 2006 and he is expected to bring 3-4 million. Add the "other" people to that and any estimate less then 5 mil would be a stretch.

Re: Sirius Satellite Raido (SIRI)
 

I, too, am skeptical. However, I remember the days when I defiantly declared "It's only coffee" about Starbucks and "It's only books" about Amazon....and now "It's only a search engine" about Google.

Can anybody draw a relative comparison to SIRI's current valuation and the valuations of some of the high profile tech companies of the late 90's?

Must Read-Siriusly
 

This article was posted today on the fool.com, check it out.

http://www.fool.com/News/mft/2004/mf...?ref=foolwatch

Re: Sirius Satellite Raido (SIRI)
 

It is still worth it to buy Sirius right now or should I wait?

Lawrence

Re: Sirius Satellite Raido (SIRI)
 

[ QUOTE ]
I, too, am skeptical. However, I remember the days when I defiantly declared "It's only coffee" about Starbucks and "It's only books" about Amazon....and now "It's only a search engine" about Google.

Can anybody draw a relative comparison to SIRI's current valuation and the valuations of some of the high profile tech companies of the late 90's?


[/ QUOTE ]

I have often bought stocks and went really with gut feeling as my final decision and basically how confident I was about it. Some have worked out nicely (like Ballard, and a small company named Microsoft) and some not so nicely (like a company that designed some glow in the dark stick that would last over 24 hours).

I am not looking for the next big thing per say, but I do believe in taking good chances and opportunities and often, even being quite risky, I am comfortable enough to invest in them.

I love Google, simply because from an end user perspective this is by the far the best, friendliest, and effective search engine available. So I think it's a sure buy.

Lawrence

Re: Sirius Satellite Raido (SIRI)
 

cposiasca1,

I agree that satellite radio is here to stay. Do you think both XM and sirius will thrive or do you think one will dominate? Until the Stern announcement my guess would have been that XM will eventually dominate the market.

Re: Sirius Satellite Raido (SIRI)
 

now is the time to short siri

SIRIUS play...Equipment Manufacturers
 

Does anyone know of the companies that are manufacturing the recievers for SIRIUS (not necessarily the brand on the reciever)?

Perhaps this is another way to play the stock?

Re: SIRIUS play...Equipment Manufacturers
 

There are many many manufacturers

Check em out