Hippocritical Ass

5 Comments

    • Why Is Sirius XM Radio Stock Going Down? [view article]
      Of course you should stick with it. You've ridden it down from 3 or whatever to 1, why dump it now? Ride it down to zero.

      The merger is a turkey. Anyone who cannot see this now ought to have their eyes examined. SIRI was in deep trouble when it started. Mel brilliantly sold a bill of goods to the big institutional shareholders of XM who also happened to have been total idiots. So, instead of $12 or $18, XM shareholders got, well, $5/share.

      XM management was just too stupid to realize they were being had. So, after the NFL failed to bail Sirius out, after Stern failed to bail Sirius out, XM unwittingly agreed to bail Sirius out.

      XM management screwed its own shareholders worse than in any transaction I can remember.       Sep 10 11:38 AM
    • Sirius Opportunity in Satellite Radio [view article]
      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.


      May 02 09:36 AM
    • Did FCC Commissioner Drop Hints On Sirius/XM Merger? [view article]
      The suggestion that a DOJ ruling against the merger somehow precludes the FCC making a ruling or eliminates the need for the FCC to make a ruling is, well, just dumb.

      FCC isn't going to "not rule" on the merger if DOJ decides to sue to stop it.

      Not saying the merger isn't going to pass, just that the idea expressed in this article is beyond stupid.       Dec 20 10:52 AM
    • Siri/XM Merger Opponents Aren't Considering Consumers [view article]
      Doberman

      The reduction in the number of channels from ~260 to ~160 appears to be correct. Bob Peck, the leading analyst on the sector, claims that an amount equivalent to XM's entire in-house production budget, will be saved by the merged company within two years. Peck has shown himself to be consistently well-informed from within the satellite radio industry.

      The companies themselves have stated that "duplicative"... channels will be eliminated -- although, they have stopped short of explaining what THEY label as duplicative. For certain, the majority view is that virtually ALL music programming on Sirius is duplicative of the music programming on XM. Many of us don't see it that way, but just based on various news and blog accounts, the general public does.

      When you eliminate about 60 music channels between the two, plus other duplicated programming (Fox News, CNN, CNBC, Traffic, etc.) the net loss of about 100 channels seems to be right on target.       Nov 27 11:37 AM
    • Sirius Satellite Radio: Expecting Extreme Profitability [view article]
      You say, "In short, we view current and historic SIRI losses as investments for the future. "

      This statement makes no sense. Over the last 2 yrs they have lost 2 billion dollars. At least half of this is directly traceable to the hiring of Howard Stern (if you don't believe it look at the losses analysts projected a month before Stern was hired). There is a billion dollar loss from Howard Stern that you want to call an investment for the future.

      The problem is that Sterns contract is up in 3 years and SIRI gets killed no matter what happens. If Stern signs again, it is another 600 million (or more) over 5 years and he is not going to bring another 1.2 million listeners when he signs. If Stern doesn't sign, last week's Arbitron ratings make it clear that SIRI doesnt have much else to offer -- it is clear from those ratings that XM offers the more attractive content package other than Stern. Damned if you do, damned if you don't.

      You say, "While XM and SIRI may both be good investments, we view SIRI as a comparatively better investment due to its superior content and choice management team as well as its higher growth rates."

      What superior content is that. I refer you, once again, to the Arbitron ratings that came out this week. In these, only Stern, with a following of 1.2 Million (vs. his previous 20 million) defeats XM. See orbitcast www.orbitcast.com/arch...

      XM has had its problems but SIRI's management still suffers from the overhang of the prior management. What, exactly, has SIRI's current management done that the previous management didn't do? Answer: Cut costs by cutting content quality. That's it. Is that the future of satellite radio?




       Oct 28 03:16 PM
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