163888

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

fredlee, I agree, and that is the reason Mel K. has said that; The agreement that both companies would not be allowed to merge is not legally binding.

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

2.4 was a joke, who here thought it wasn't over sold. I never thought I would be able to buy back shares at this again. The last time it was there, SIRI was a vary distant second to XMSR with just over 600,000 subs to there name, and only getting about 100,000 subs a quarter. Now are they still lossing money with 8.3 million, yes. That is because they are going after growth, in a way they never have before that time. It cost them what about a 100.00 for each chipset in each car, half of which they do not get. That still leaves the other half they would not have gotten if they did not ramp up penitration. It does take some time for revenues from existing subs to overtake the cost of that kind of growth. What I think many are missing is, when they say that they where expecting the two to be profitable with as many subs as they have, have forgotten they did not expect them to have this many subs so fast as they did at that time about 2.5 years ago. What I am saying is the time frames to be profitable have not changed, just the amount of subs to get there. I believe when that point has been crossed they will be generating profits at a faster rate and be much better off, then if they would have stuck to their old model of slow and easy. Reason being once that point is crossed, they will reach a point much faster were they do not need to be to concerned with growth, and all the cost that gos with it will also not be there.

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

At this point this has gotten ridiculous. It isn't like the FCC didnt have a year before the DOJ approved, to do all that they are doing now. If it is the democrats that are holding this up, F them. Its not like decisions in the FCC have not gone along party lines before. I have to say this is one issue in a long time were democrat and republican subcribers and investors are in for the most part total agreement.