cos1000

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

S162, I agree that this was a positive report and I am looking to solidify my position over the next couple days, and certainly by Friday..... There isn't anything we don't know about what they need to do and if we wait for them to announce it done.... we will have missed it.

Good night and I salute all of our Veterans out there for all that we have, and for all that you've given.

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Even Advertising needs to be linked to product availability... with the change in retail product distributors, he isn't wasting a dime on advertising until the new product deliveries and retailers are all lined up.... This past weekend saw the beginning of a pretty good size add campaign. Best Buy, Radio Shack, Sears all had adds, USA Today and just what I saw, I am sure their are others on the way...

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

I think killer is doing that commercial for all the different places one can find the internet from...... last I heard he was waist deep in a snow drift somewhere in the Black Hills.....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

WTMBS?

I hope your right about that and It does make sense..... As s162 has said and I think we all agree, announcement of debt refinancing in short order will do wonders for investor confidence.... Its all about execution and doing what he says now.

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Well This Might Be Sirius?

by the way I agree with your statements above and also acknowledge that I, as a shareholder, have loaned this company way more money than I had originally intended.......

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Well This Might Be Sirius?

Not to be a stickler, but..... we have 6 from the delisting notice, 180 days. The extension of waiver of the rule ends, currently, on January 16, 2009. If the clock restarts, then a notice is sent 30 days from then, and then the 180 days starts. So delisting would be in Sept 09, unless an extension is requested for another 180 days accompanied with a plan to bring the stock price up over the listing requirement, which then would include a reverse stock split. If shareholders approve the RS, then it needs to executed before Dec. 31, 2009, as now written in the Proxy Statement. The company has plenty of time to take actions to effect SP before delisting is considered. All of the hurdles on 2009 debt will have been jumped......

My concern about the numbers is that they came out with a downward revision right before a surprising upside 3Q in net subs, leaving on 260K net subs needed to make their new number. 4Q in the past could easily have been 1M net subs for the two companies. Maybe the new packages are going to cause a higher churn. Maybe the higher priced luxury cars, which are also energy hogs are not selling impacting the number. I don't know what their seeing, but they did revise their net subs, knowing they had a good 3Q. Something isn't right........ IMHO I am not trying to be negative. I just want to know why they did the revision when they did.

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Siriusly depressed

So, they have been hanging out together a bit... So, that means that their probably going to say things similar in a good quarter ... and so, as we said before... so, we're in talks with several banks in the most horrific credit environment we've seen in years.. and so, we wanted to take out that debt sooner rather than later. LOL

I was thinking the same thing every time Frear spoke..... That's why Mel had to identify himself in answering callers questions...

All in all, great subscriber numbers as the guys above said. 340K net subs beats my "worry" number of 150K more than 2 fold. I was worried about churn and they are on target with that. What's the problem then? Once the Feb debt is announced done and it sounded to me they were hinting that the May debt was also being addressed, their shouldn't be any problems in the foreseeable future.

Even bankruptcy of an OEM, if they remain in operation, doesn't seem to be a big problem, because of their existing revenue sharing contracts. Now lets see if their is anything in the filings before we start celebrating too much. The sub numbers being this high and them taking down end of the year #'s before the call, doesn't seem to make sense.....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

I did change my buy ins to .24 and .23..... I just don't see any reason here, today, for the stock to trade higher..... I think there are still people who will sell on the news in the morning if there aren't any surprises announced tonight... I may be wrong but I am going to hold off until tomorrow unless after or during the conference call the stock drops significantly in after hours..... Who really knows??

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Killer..... I am confused by there being over a Million shares at .27, consisting on several lots all day long, holding the stock price up. I am concerned that this is a trap. If those lots were pulled today during the day the stock would have gone lower. I am not buying at .27 at this time because of this.

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

MarkbMark...

No problem in your posting all of your lawsuit .... thoughts...... I posted a link to help you understand the law that you and M. Hartlieb are seeking remedy from on a prior article: Its the RICO act of 1970, Racketeering Influenced and Corrupt Organizations Act of 1970. Not RECO....