Hippocritical Ass

Sirius Opportunity in Satellite Radio

The Oracle has lived up to his name. He is exactly right on almost all points. This original article was written by yet another Sirius shareholder who sees the merger as a way out of what can only be described as a financial nightmare. Unfortunately, when you merge these two losers, you end up with? One bigger loser.

The fixed costs in these operations are huge. That was the great attraction to them -- that you could serve a large number of customers without increasing fixed costs. What has happened, of course, is that the customers aren't showing up to buy the service, and at the same time, variable costs have also increased.