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#12
05-19-2005, 10:39 PM
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Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
[ QUOTE ]
Putting money into SIRI isn't an investment, it's strictly a gamboool. Even if they grow the top line by 100% a year for the next 2 years, they are still losing money in FY'06. [/ QUOTE ] Ding, Ding. That's the right answer. It's probably a bad gamble also. If you get above water at any point I would sell and consider myself lucky. 
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#14
05-20-2005, 12:40 AM
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Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
[ QUOTE ]
a stock is only an interest in that company. the value of any company is only its assets and its income. income you can consider its future potential if you are good enough to gauge that. after you put a dollar value on that company divide that by the number of shares out and you get the figure for about what the price of the stock should be if you were actually buying a piece of the company in real life. with stocks people routinely pay far more than a company is worth to buy a piece of it. thats is why companies go public as they can get far more than a private sale from the stupid public. eventually everything gets valued at it true value. [/ QUOTE ] This is spot on for Sirius. At its current price it's valued at over $7 Billion, absolutely ludicrous. I'd sell it.
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#15
05-30-2005, 09:56 PM
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Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
I agree sirius will fluctuate a lot but in the long term i think it still will be fine. It wont' post numbers like it did last year but the business is good and will see itself back up there in a few years and eventually exceed its 04year
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#16
05-30-2005, 09:57 PM
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Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
what's its book value?
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#17
06-07-2005, 10:34 PM
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Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
Haven't read all the replies but here are my thoughts:
XM and Sirius can't co-exist together. There must be a merger or one of them must die. I've read several article in the Wash Post and WSJ that each of these satellite providers needs an estimated 43 million subscribers to be profitable. Sirius just celebrated hitting one mil. Common sense analysis would dictate that 1 in 7 Americans is not going to want to pay for radio, nevermind splitting the market between two companies. If XM and Sirius merge, they might have a future. Otherwise, forget it. If you want to speculate short term, I can't help you there.
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#19
06-08-2005, 03:10 PM
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Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
I agree, i think sirius hit its peak last year and will take a huge merger or miracle in order for it to continue to go up.
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#20
06-08-2005, 07:07 PM
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Re: It\'s an old topic, but let\'s revive it. SIRIUS!!!
[ QUOTE ]
Bank of America is predicting positive +$700mm in annual free cash flow in 5 years so there is a business model here. [/ QUOTE ] There is a business model because some snot nosed analyst at BOA says so? Well since analysts never fail when they predict future markets, revenues and profits, I guess I should take this to the bank! I love my Sirius radio but it's business has all the glitz, glamour and real value of the leading Internet stocks in 1999.
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