163888

Total Rating:
+12 / -50

938 Comments

    • Fri Sep 26th 16:39 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      Well This Might Be SIRIUS?, I would be more worried about that then going bankrupt. That for me is as Tyler has said is my biggest worry. Maybe not JP Morgan but by others also. If investors in SIRIXM want to worry about something that is reasonable to worry about, being bought out for a price that would not be exceptable for all that we have gone through. I dont know about anyone else but the thing that would piss me off is a offer for 3 (even though I would still make money) just a few quarters or months before it would be at that price anyway. Not to mention the price it would be at, in the long term.


      People have got to remember if has only been a few weeks (cant even say a few months yet) since the merger. My god people have to give it some time, I would say 2 or 3 quarters at least, for god sake.
      View article »
    • Fri Sep 26th 16:17 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      cos1000, no problem, I was making a statement more or less to get the facts out about this bail out plan.
      View article »
    • Fri Sep 26th 16:15 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      cos1000, I am more or less mad at the SIRIXM investors here and other places that still dont get it, and fall into the fallacy that the financing is a big deal.

      For those that are still confused. As I and others and Mel have said before the Feb. converts will be taken care of using a cash on hand for half and a loan for the other half (150 million is what we are talking about getting financed in Feb., not a whole lot when put into prespective.). Next the May credit facility that is as I have said before, is ridiculous to even be worried about. The fact is it is not asking for more money it is asking for an extention by a company that has as of yet not missed one payment. Not to mention the people that are being asked, have a vested interest in the company succeeding besides the credit they have given them. Finally the Dec. 2009 converts once again Mel has said he does not foresee a problem because by then the company will be FCF positive and their credit will have improved greatly. Besides as I have said does it make any sense for people that have no insured investment on those coverts to take a company down (maybe getting pennies on the dollar) that is showing that it can pay you back in full at a latter date. It is not a policy of investors in converts to force a company into bankruptcy to get a small fraction back on the money loaned, unless they dont think the company will be able to pay them back. That is not the case looking at SIRI improving metrics even at this point. That for the matter gets me back to the converts back in Feb. which if you read what has been said, GS was more then happy and woulod make the most sense that they would like to do a reconvert at a better % and a better convert price who wouldn't they now have a covert price of somewhere in the 4s and a percentage of 1.75%. They would be able to get a convert price of something like .80 cents and most likely a better %. Mel has said that is not the way he wants to go.
      View article »
    • Fri Sep 26th 15:35 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      Well This Might Be SIRIUS?, you are right but it will be longer then you think, because it will take a very long time before those recievers are in the hands of most of the subcribers. I think for the next 5 or 6 years.
      View article »
    • Fri Sep 26th 15:28 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      cos1000, My point being that reguardless if it was, the deal was not going to be passed the way it was. The democrats needed political cover from the republicans for passing a bad deal and the house republicans were not going to give it to them, by voting for it because they were hearing from their constituants (in both parties) in big numbers, that they did not want it. It was not Presidential politics that stoped it it was the fact it was a bad deal that stoped it. On top of the fact that the democrats wanted a lot of add ons to it, things that had nothing to do with the bailout.
      View article »
    • Fri Sep 26th 15:17 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      BURTBECK, The problem people have with you is the same as they have with analyst, Jonathon Jacopy and Mark W. While the fact that their price targets have been reached, the analysis that got it there was wrong. This stock has not reacted the way other stocks do, it has done the opposite. Take a look at TIVO, that is an example of the PPS doing what it should in a new speculative company. Just go back and look at the news that came out and the way the PPS reacted. I would also say DISH but the news is to old for you to go back and see, but trust me that reacted the way it should on a speculative company with major debt and other major problems.
      View article »
    • Fri Sep 26th 15:00 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      cos1000, Not to be picky but you said this: "and the bail out plan has been thrown into the Presidential election." that with all due respect my friend, I took offrence to. I would like this to be taken care of also but I thought the bail out deal that was being talked about was a bad one. Even though they (the government) may even make money on it.

      Next while the deal is not done, it is been discussed as to what would be done and that it is not a problem, to the fact that it would not get done. It is more or less a terms issue not weather it gets done or not. As a example lets say you want to buy a house you have the cash to pay for it out right but do you finance 50% if you get a good rate or not. As to the May credit being extended, I agree as you know, dont even think for most this should be a issue, because it really is not. But that has really not been talked about. or been given the kind of confirmation that the Feb. converts have. While Mel has said they plain on extending them he has not shown the confedence that he has shown on the Feb. converts. That was the only point I was making, that it was more of a concern then the other.
      View article »
    • Fri Sep 26th 14:23 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      Now that that is over, I would just like to say dosen't anyone read or listen to what is said. Mel already said that the Feb. debt was going to be taken care of. He gave specific details how it would be. While he did not say which back would finance the rest of the converts, he did say that some would be taken care of using cash on hand and a loan for the rest. My god what more needed to be said about this, yet I still see everyone saying they have not taken care of the converts in Feb. Mel basically said that they are going to be takin care of, that they are not that big of a problem. The problem is how much interest they may pay and that he is not in any big rush to finalize it this time and wants the best deal he can get. I mean my god if you want to be worried about financing then say you are worried about the May debt, that still needs something to be talked about.
      View article »
    • Fri Sep 26th 14:12 PM | Rating: 0 0
      Commented on:
      Sirius XM On the Rise - Does Microsoft Want a Piece?
      cos1000, First of all I have to say the bail out deal that the democrats wanted was not a good one. The truth is the fact that if the democrats wanted to pass it, they could by them selfs. The fact is they do not want to unless the republicans vote for it, because they know how bad it is also, and dont want the republicans to be able to go back to the people and say this is not what we wanted, this is all the democrats doing. It was senator Reed that called for McCain on Tue. to put his support behind it and if he did not then the republicans would not and the democrats would not. I believe McCain being the man he is knew there was no deal and it would fail unless some kind of compromise was reached. I believe McCain knew what was going on with the house republicans and how bad they felt about this, there was already information being let out that the republicans were getting calls that were overwhemingly against this bail out bill and they were not going to vote for it.). Lets remember this is the same man that supported the serge when it was not popular and looked like it would cost him the election.
      View article »
    • Thu Sep 25th 16:32 PM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      Well This Might Be SIRIUS, that above comment by me was my answer to you. When I siad the 4th quarter is as good as the 3rd quarter is going to be bad. That was because in the 3rd quarter they are going to have the extra cost of the merger added in to it. The forth quarter will have not only the normally good retail but it will be better then usual asd you know plus the cost that were in the 3rd quarter will not be in the forth quarter as much and we will see the start of the synergies that should more then make up for any cost by that time.
      View article »
    • Thu Sep 25th 16:26 PM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      I think you are going to have to wait til it gets close to the 4th quarter conference call that one is going to be a wopper and most that have any common sense know it will be so they are going to get in before that one comes out. As the 3rd quarter is going to be bad the forth quarter is going to be good, plus other things will be close to being final and coming out such as interoperable radios and financing.
      View article »
    • Thu Sep 25th 14:17 PM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      Well This Might Be SIRIUS?, Go see my post at Sept. 24 8:24 AM.
      View article »
    • Wed Sep 24th 11:52 AM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      GotSIRI, No you still are because with the exception of Yemen the rest did not involve American assets. As for Pakistan that was directed towards the government of Pakistan. You still cannot admit you believed just as the rest of the American public did that we would have gotten hit by now, and the reason we have not been is because of what the Bush administration has done to keep dumb people like you safe.
      View article »
    • Wed Sep 24th 11:52 AM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      GotSIRI, No you still are because with the exception of Yemen the rest did not involve American assets. As for Pakistan that was directed towards the government of Pakistan. You still cannot admit you believed just as the rest of the American public did that we would have gotten hit by now, and the reason we have not been is because of what the Bush administration has done to keep dumb people like you safe.
      View article »
    • Wed Sep 24th 08:22 AM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      God dang it cos1000, you did it again. LOL
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»