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Five Key Quotes from Sirius on Satellite Radio and Automakers

Srius_Employee

Sorry for your bankruptcy this week, don't really know why warning us here helps, but whatever it takes, man....... Sirius filed its 10Q this morning with the SEC as Mel had said. I did notice that they had put in for a 5 day extension for submission earlier with the SEC, for merger valuation and acquisition costs, but it seems they didn't need it. I would of thought working in the mail room, you would have had access to that information. As far as the FCC license valuation, maybe you could ask your supervisor how they did that.......

Five Key Quotes from Sirius on Satellite Radio and Automakers

All you "shareholders" who think that Michael represents you well, be very careful. He made a very big error in his claim that, ... In a Wall Street Journal Interview, Mr. Karmazin said he wanted to take this company private at these levels.... He also kept saying that the company and management needs to be held accountable because after all, shareholders are accountable..... what does that mean???

Mel Karmazin did not say he would like to take the company private at these levels. He said he would like to take the company private, but at these levels that would be impossible. He would rather get the company in a situation where it was operating at FCF positive and the debt issues were resolved. Then he felt that the company would be attractive on the Market to take it private and get existing shareholders a value for their investment. I must say that I am very surprised at Michael's blunder on a Nationally Syndicated News Org. I wonder why this network gave Michael air time to voice his decent against the company. NAB maybe???

Five Key Quotes from Sirius on Satellite Radio and Automakers

It is a great idea but free shouldn't be free. What I mean is give 60 days with a 6 month subscription for a total of 8 months......