Sirius XM's CEO to Address Merrill Lynch Media Conference

Mel Karmazin, CEO of Sirius XM Radio (SIRI) will be speaking at the Merrill Lynch Fall 2008 Media Conference in Marina Del Ray California. The conference is scheduled for Tuesday September 9th, and Karmazin is expected to be at the podium at approximately 11:00 AM EST.

While this conference is not where the much anticipated guidance will be outlined, it is quite likely that Karmazin will be addressing some outlook for the future of Sirius XM Radio, and will be worth listening to for sector followers. A live audio webcast of the presentation will be available via the Investor Relations section of the Sirius website.

One item of note for investors is that the analyst from Merrill Lynch following Sirius XM Radio is Jessica Reif Cohen. Cohen is a pure media analyst, and has followed Karmazin-led companies for quite some time. I would look for Cohen to issue a report at some point shortly after the conference, and given that investors are looking for greater detail, this report could well offer some insight into how analysts will be looking at various company metrics going forward.

Look for additional information on Sirius XM Radio to begin to come to light in the coming weeks.

Position - Long SIRI

Comments

[dave010a:]

Hey stock clerik...your name says it all.

2008 Sep 05 04:56 PM

[dave010a:]

Cos--Those companies are in the South Bay because the land was cheap there. The minds (I didn't say lifestyles) who started those companies came from progressive places like San Francisco. Trust me, I work as a consultant for every company you named above.

By the way, I usually appreciate your insight on Sirius, it was just your (and killerkaul) cuts on SF that pissed me off.

2008 Sep 05 06:22 PM

[cos1000:]

dave010a, In all fairness you didn't say "minds" either. You said that innovation comes from people living in progressive places. People living projects lifestyles not minds. This is what I referred to when I said your or my definition of the word progressive or the word cultural are to subjective to be meaningful to any argument. They are words requiring more definition and there lies the problem. Let the spinning begin.

Anyways if you read my comment to you I was pointing out that to this big country we all live in, San Francisco, is but one of many cities that are relatively important to the whole. Your sense of ownership and pride in the area you live and work in is admirable and I can respect your defending it. For you to think that Silicon Valley is the people of San Francisco innovating because where they live is progressive, is a stretch to me, but fine just the same.

My harsher comment to you was that you were declaring the cultural wars over and that is just ridiculous thinking to me. With immigration, same sex marriage, Spanish vs English, rich vs poor, blue collar vs management executive, Republican vs Democrat, black vs white, Male vs Female ( can't forget those 18 Mil cracks in the glass ceiling), to name a few of the more obvious cultural battles being fought, I just can't see what your talking about. Maybe you should be more specific.

2008 Sep 05 07:54 PM

[cos1000:]

stock clerik, dave010a doesn't mean to be culturally disparaging on your name or its origin or, for that matter, what it implies about one's position in life. Because as he pointed out, the Cultural Wars are over and we must all find inner peace and balance now that we have achieved a higher plain of existence.

For my own curiosity is your use of the word clerik a proper name or video game avitar. If it were spelled cleric it would have religious roots as well as book keeping or accounting connotations.

2008 Sep 05 09:59 PM

[stock clerik:]

cos1000....unfortunate... the clerik is a misspelling ,to the enjoyment of dave010a....stock clerk was a name I chose as it really was my first job in a department store and seemed appropriate....I am actually a court clerk
dealing with narcotics and special victims cases primarily...thnx for keeping the peace.....oops I misspelled again!!!

2008 Sep 06 06:18 AM

[cos1000:]

Spelling on these boards is over rated. To some the keyboard is a device to do battle with as we extract thoughts and watch them magically appear before us on a screen for everyone to enjoy, or not. Getting the though there with word form, spelling and grammar all being correct is an unrealistic expectation. Like us the process is imperfect. Thank you for responding and keep up the good fight.

Killerkaul, you may have notice that I have not spoken for you in you defense. My reason is that I know You need no defense from Me.
By the way, I communicated with 163888 and he says to thank you for you efforts on his behalf. He's been following the board, WITH HIS HANDS TIED, and still holds his extensive position in Sirius and is very positive about the long term future, although he sees choppy waters over the next two quarters. Run Blue Dog Runnnnnnn!

2008 Sep 06 10:15 AM

[cos1000:]

see the challenge..... getting the thought there ....

2008 Sep 06 10:16 AM

[killerkaul:]

seeking alpha.................... I would gladly read through a mile of 163888's careless spelling mistakes,in order to read paragraphs of patient, quality, indepth,{ did I say indepth }, I meant INDEPTH!!!!!!!!!!!!!, accurate study of any and all aspects of the siri dance. Release 163888.

2008 Sep 06 11:06 AM

[killerkaul:]

Dave010a................. Just my opinion, but get ready for McCain/Palin. It is my staunch Regan Conservative {notice I didn't say Republican} belief.......... that the American people hunger for bread, and all that is offered by the far left Elitists is cake. I can add nothing to cos1000's reply to your culture wars comment, as I totally agree on all points. Stock cleric's comment about the bar, while humerous does not apply here. cos .......... as always, your vast knowledge, and written

2008 Sep 06 11:34 AM

[killerkaul:]

above should read..................... knowledge and well written content is the armour of my defense. It's quality has so far left me unscathed. Thank you.

2008 Sep 06 11:37 AM

[killerkaul:]

Cos1000............... I would be intersted in your opinion of CLNE, with the T. Boone/Palosi. connection. Thanks.

2008 Sep 06 11:58 AM

[cos1000:]

killerkaul, I took a quick at CLNE's , Clean Energy Fuels Corp, 10Q filing and tried to ignore the recent Cramer "pump" of this stock. Basically it is a $840 Mil Company with a 30 mil share float which makes it very vulnerable to price manipulation by news and association, such as Boone / Pelosi. With all the recent news the stock has gone from 11.00 on Jul 7th to a close of 19.07 on Sept 5th.
The recent quarterly report showed the company beating the street on loss per share but without a revenue adjustment of 5.7 Mil in Derivative adjustments it would have had less revenue for 6 months of 08 compared to 07. The volume of shares traded on Friday was just over 2 Mil to move the stock 2 bucks / sh. Since Boone has been touting the technology and Cramer has pumped the stock and Pelosi's influence in the new LA Contract for LNG & CNG I think the company's stock price has a lot of Fluff and not Substance. I might be interested in it if it came back down to $7 - 8 / share but there is know reason for it to be trading this high now.

It is basically a service station and distribution company for Liquid and Compressed Natural gas in autos. It has a lot of fixed overhead, that will probably need federal subsidy, and has to play the Derivative / Futures game to hedge against the cost of its product, a Natural Gas. Its operating expenses alone went up 16% with revenues, do to the derivative adjustment (which can go either way quarter to quarter) were up 10%. In my opinion there is plenty of time to see where this will be going. Unless OEM make cars that run on these fuels, its probably not happening. The front end capital cost for conversion is significant with to long a pay back to make it viable for the average consumer. Just my opinion after a quick look.

2008 Sep 06 01:32 PM

[cos1000:]

Killerkaul, In reading the Cramer interview with CLNE's CEO Littlefair the comparison of cost per gallon which he called apples to apples is ridiculous. You can't by CNG or LNG at the pump anywhere for 2.70 / gal compared to gasoline at $4 / gal. The gasoline price includes getting to all those pumps out there. I'm not saying that we can't do it but the infrastructure to support the average consumer just isn't there.

2008 Sep 06 04:28 PM

[cos1000:]

killerkaul, Here is a link to Honda's CNG powered car with an in-home fill kit that connects to house gas systems. It takes 16 hours, overnight to fill, but sounds good for consumers. This isn't Boone's plan.

corporate.honda.com/en...

2008 Sep 06 04:32 PM

[killerkaul:]

cos............... sorry to put you through all this search/study/info on my behalf. I am pleased to see that my estimate of ownership at $ 8 to $ 10 dollars is close to your estimate. My strongest positive for the future gains by this company is based on the premise of.................... as goes California, so goes the rest of the country {referencing the upcoming California legislative vote.} Also the pumping of Nat gas vehicles by T, Boone, and this countrie's readiness for an alternative to high gas dependancy, ethenol, and /or coal. Definately speculative. Thank you.

2008 Sep 06 06:38 PM

[cos1000:]

killerkaul, not a problem just sitting around watching some sports and waiting for Hannah hear in NE. Something definitely needs to be done to solve the problem with sending all our money to the middle east while saving the environment at the same time. I thought Honda's idea with the "Phill" home CNG fill accessory was a great idea. Always looking to expand the knowledge base. Enjoy the weekend. I'll be watching the, less than impressive in preseason, NE Patriots take on KC tomorrow.

2008 Sep 06 07:58 PM

[killerkaul:]

cos ,,,,,,,,,, you had me there for a minute. I was thinking Hannah????????????? .........hmmm Hannah Montana??? what??? Naaaaaaaaaa.............. Ha! My Bad.

2008 Sep 06 10:35 PM

[killerkaul:]

Cont.... the honda car and fill system look intrigueing. Wonder what it makes for true mpg. Also how would they keep you from plumbing in your own untaxed line, I wonder. Ever the spoiler. LOL.

2008 Sep 06 10:40 PM

[cos1000:]

killerkaul, too funny. In my life and..... my wife's, waiting for Hannah can only be a "storm" or a "stork" bringing another grandchild. LOL

As far as being the "spoiler", I imagine if you can work out getting from "House" pressure to what I would think would be the higher "Fill" pressure, you could earn your name "spoiler". The specks say it gets over 200 mp fill, which seems to be plenty for most commuters.

I wonder how the "crash" tests for cars on CNG or LNG for that matter are working out for them. Gasoline is volatile enough, I wonder how these other fuels fair.

2008 Sep 07 09:22 AM

[killerkaul:]

cos......... on the fill pressure, I would think that .... where there's a will there's a way. Crash tests would probably be wholly determined by fuel tank capacity and expansion rate of gasoline or compressed gases. From my experience in my F.D. career............ while having limited contact with the gas container cylinders in vehicles it does seem that the containers can take quite an impact before causing problems. Also very low pacement centered inside of wheelbase, tends to protect them better than the standard placement of gasoline tanks, being mounted in the rear or high on the sides. It may be a wash, however, I would lean toward less of a fire problem with the compressed gas cylinders. killer.

2008 Sep 07 12:30 PM