User 161304

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    • Thu Jun 19th 01:55 AM | Rating: 0 0
      Commented on:
      Analysts Showing Some Sirius Love
      This whole thing is a joke. Every time a press release is anounced it gos up a couple cents then plunges down to nothing. I think weve all been scamed out of our money, Cramer keeps saying buy buy, but all that happens is it keeps going down, down,down,down.
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    • Fri Mar 7th 02:59 AM | Rating: 0 0
      Commented on:
      Georgetown Partners Records 23 Meetings with FCC on Radio Meger
      I ask how can satillite radio be a monoply, when their are billions of dollars more in terrestrial broadcasting groups. In my opinion a monoply is when someone controlls every segment of an entire industry, In this case radio broadcasting. In my opinion if this deal between Xm and Sirius isn't allowed to go through it will be enough to bankrupt millions of shareholders, destroy jobs, and bankrupt two corporations. As we speak traditional radio stations are trying to make every radio other then HD Radio obsolete. Xm and Sirius have lost billions of dollars since their start, in order for both corporations to upgrade into HD format they are going to have billions of dollars in costs just for this matter.
      If the government doesn't allow this with restrictions it will be enough to bankrupt two corporations. Every investor might as well have invested into Enron. I belive this should be allowed with certain limitaions and restrictions, for one they cannot jack up their prices, and they cannot attempt to buy out other broadcasting groups.
      Currently Clear Channel Communications (ccu) has a market capitalization of 16,970,000,000 Billion dollars. Citadel Broadcasting (csl) has a market capitalization of 353,300,000 Million, and Cumulus media Inc has a market capitalization of 244,560,000 million. The only way that this should be considered as a monoply is if Sirius, and Xm owned and operated every broadcasting group. Terrestrial radio will never go bankrupt as a business because millions of dollars are spent each year on advertizing by major corporations.
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