Roxieanne

Barrington Sees Elements of Good News and Bad News for Sirius

Considering the past two years with the merger, I am amazed that the loss estimates are not greater.

With the negative remarks and writing that has surrounded the merged company. I fully expected disastrous losses. Not so----these losses are not the losses of several dollars per share that one often sees with companies headed for bankruptcy.

The one negative is the 15% interest rate-----I would like to see Sirs/XM and Malone rework this rate.

As Barrington Research noted
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"SIRI plans to release Q4/08 and full-year 2008 earnings results on March 17, 2009, with a conference call to be webcast at 7:00 a.m. CDT. Our EPS estimates are for a loss per share of $(0.06) for the quarter and $(0.23) for the year. Consensus estimates are $(0.07) and $(0.30) for the same periods, respectively-----"

Whatever the loss I expect it will be received negatively by the analysts and press as they parse every penny---rather than focus on the favorable aspect of it not being greater.

Let the investors, traders and market decide----not the press and analysts.

Tyler, thanks for posting the info reg. Barrington's opinion.