cos1000

What a GM Bankruptcy Would Mean for Sirius XM Shareholders

This is what happens when a site doesn't have any moderators.... Rather than the comments becoming a discussion about the article and realities of the companies in question, it degrades to the IQ of an idiot who keeps changing his screen name.... Seeking Alpha Clean Up this BS......

GM Restructuring Spells Sirius Gain

relmor, nice post my friend, nothing like bringing a few "facts" to bare a week attempt to diminish a company the INJC just trades for profit on the back of others good work and research... Now he's trying to take credit for his so called Predictions:

1) Sirius is beginning to see the future as a content provider, not a hardware company, as I predicted.

.... and I suppose your the one who came up with the phrase "Content is King" also... I guess you and Al Gore invented the Internet too....

2) They're trying to become a player through cell phones and the internet, because wi-fi, and wireless will make satellites obsolete for distribution of content, as I predicted.

This IS completely absurd... The company is Launching another State of the Art Satellite in June '09, (ahead of schedule) configured to broadcast across both company's licensed bandwidth.... and as always, capable of reaching where no current Wifi or 3G signal dares to yet go.... The satellite system is not becoming obsolete but, rather as a proven superior network, its just getting better...

The expansion of Superior Content into other platforms is just a good business decision. It give them maximum exposure of their Superior, Licensed and Royalty Paid, Content.... to those listeners who have had to listen to Pirated providers up to now who may soon go away if the courts and music industry have their Legal way with them... Stay tuned for announcements from Pandora and Slacker about their dyer future when Free is Free anymore on the Internet.

3) Also as I predicted MLB is leading the sports pack by offering direct competition to satrad by distribution of their content through cell phone apps because it is not barred by their contract with Sirius. I specifically told you that major league sports will not stay with satrad past the point in time that they become more effective distributers of their own content through cell phone and internet.
On Apr 07 11:13 AM relmar2003 wrote:

The Last I checked MLB, NFL, NBA and other major sports entities are still alive and well on Satellite Radio.... It is good business for these Sports Businesses to get as much exposure as possible, using all platforms available.. Satellite Radio is just another way that they can deliver their Sports Products to a welcoming consumer.. Also during this last check, XM still has MLB through 2012 with options in their contract to 2014... As a prediction I guess you might be as accurate as Broken Clock is, it does nothing and is right twice a day....


> Im Not Jim Cramer, I see your bad to lying. Yes, they have been
> positive EBITA. They achieved that prior to the merger even. Would
> have been all year in 08 if not for merger as well. Notice the merger
> related writedowns, and the added expenses of the merger, etc..
> Now that synergies are being realized, both companies will be positive
> EBITA ALL YEAR. Did I stutter? Dont think I did.Yes GM losing sales
> is GREAT FOR SIRIUS. Why? Well if you have 100 people buying a new
> car, and your worst contract is GM, and 5 people buy Ford instead
> of GM, but still buy, ITS MORE MONEY FOR Siruis. There, Jim, Did
> I stutter again? Or can you not read english. Or do you not understand
> basic math. Your 100 percetn wrong about sats being obsolute as
> a distribution mechanism. Ask DirectTV if they are abondoning their
> sats, and leasing Wifi towers.....LOL LOL Your making yourself
> look bad son. Why would you limit your distribution by using land
> based distribution when its cheaper in the long run and you get better
> feeds with sats? Get on board for the next leg up, you banked your
> profits on this leg, now stop wishing for sub .30 cents and just
> buy here. Remember who told you.

GM Restructuring Spells Sirius Gain

good move getting to .63 for an average... Most of those guys are posting over at Siriusbuzz after this site, SA, banished us to a forum (modified chat room), making our posts irrelevant and unavailable to viewers of articles... Not acceptable to allow censorship of that type so we spend our time discussing issues over there and keeping an eye here for inaccurate info and such.... good luck on your trades and watch for better things once they get Q1 out of the way along with the rest of the companies reporting... We all know that Q1 will not be good for anyone.... but, any upside surprise that shows growing revenue even with flat sub growth will set the baseline for better things to come... and a move up in SP again. IMHO


On Apr 01 01:37 AM holdon wrote:

> go cos go!
> been out of the loop for a while , where's 16888, relmor , killer
> ?
> still holding & adding , avg. down to .63

GM Restructuring Spells Sirius Gain

Can't see that GM would be willing to give up MORE of the pie to Sirius, and who would lose more from a termination of the relationship? Not GM, because they won't sell any more or less cars because of satrad; but loss of a contract on GM vehicles, even at the estimated lower market share of 15-18%, would be devatating for Sirius. I dunno. I must have missed your point somewhere!

I'm Not Jim Cramer.....

What rock are you hiding under..... The GM contract with XM, not Sirius installed radios, is the problem. It was a competitive marketing advantage before the merge, but now it is irrelevant. Costly as a contract, not an area for the new company to expand because of its excessive cost, and downward sales actually help the bottom line. What do you have to say to that.....????

GM Restructuring Spells Sirius Gain

Why don't you come over to a real Forum of Ideas and see if you thoughts on the subject hold up..... Orrr Are you just hellbent on destroying Sat Rad ........????? Siriusbuzz.com try it INJC.... you might like it.... and .... you might learn something.... or ..... teach something.....


On Mar 31 01:04 PM I'm Not Jim Cramer wrote:

> Brandon: Scratching my head over this one. Do you believe that
> other manufacturers have deals that are more advantageous to Sirius
> than the GM one? Otherwise, why would a renegotiated deal with GM
> be to Sirius gain? Doubtful that having or not having a satrad pre-installed
> is a deal breaker when buying a car, so how could Sirius negotiate
> from a position of strength when any "new" GM will try to cut costs
> in any way possible? Can't see that GM would be willing to give
> up MORE of the pie to Sirius, and who would lose more from a termination
> of the relationship? Not GM, because they won't sell any more or
> less cars because of satrad; but loss of a contract on GM vehicles,
> even at the estimated lower market share of 15-18%, would be devatating
> for Sirius. I dunno. I must have missed your point somewhere!

GM Restructuring Spells Sirius Gain

On Mar 31 01:04 PM I'm Not Jim Cramer wrote:

> Brandon: Scratching my head over this one. Do you believe that
> other manufacturers have deals that are more advantageous to Sirius
> than the GM one? Otherwise, why would a renegotiated deal with GM
> be to Sirius gain? Doubtful that having or not having a satrad pre-installed
> is a deal breaker when buying a car, so how could Sirius negotiate
> from a position of strength when any "new" GM will try to cut costs
> in any way possible? Can't see that GM would be willing to give
> up MORE of the pie to Sirius, and who would lose more from a termination
> of the relationship? Not GM, because they won't sell any more or
> less cars because of satrad; but loss of a contract on GM vehicles,
> even at the estimated lower market share of 15-18%, would be devatating
> for Sirius. I dunno. I must have missed your point somewhere!


The point your missing is that you totally dismiss the fantastic experience that Sat Rad is..... You missed it because you must Live In A Cave.... Your opinions of Satellite Radio show you to be so tied to your IPod that you shake when its not plugged into your ear.... listening to all of Your downloaded, favorite,.... I got to listen to it all the time.... favorite music of yours.....You Are Pathetic..... Try Listening to some new music for a change..... unexpected, and just new.....

Cheap Stocks Aren't Always Bargains - Barron's

"This isn't to say that low-priced stocks are without fans. But the key point for many investors is if you've done your homework and still like the stock, hold on. If not, breaking the $1 mark (or the $5 mark) is a good signal to sell."

This is one of the more absurd article conclusions I've heard in a long time.... The key point is if you've done your homework, still like the stock, then hold on. If you haven't done your homework, you shouldn't have bought the stock to begin with and these SP benchmarks mean nothing...

Analysts' Zero is the New 'Buy'

s162,

The interesting thing that is shaping up, is as you say, their is a ton of cash piling up on the sidelines. The Fed cutting rates and now evaluating whether or not to by US Treasuries, is the Fed trying to remove all of the safe havens from those seeking safety rather than risk / reward investments. With R.E. not being a great investment unless you have a very long time horizon, CD's not yielding much positive, and now the Fed "Thinking" of competing in the market for zero sum Treasury yields, their will be a push for those with the cash to get back into equities for the returns they seek. This will move the markets up and down as cautious investors take profits quicker, fearing disaster around every corner, until better numbers in the second half of 2009 and no new disasters build confidence in the longer term. IMHO.

Also I would not expect too much from Mel at the shareholder meeting in terms of structured refinancing announcements. He will be all about getting authorization for the dilution and the RS, and making sure that he has his B of D in place. I would look for next week for any news or maybe even early January before announcing anything too dramatic. If he wants the SP to move he will might piggy back on the Auto news.

Satellite Radio Is Not Immune to Big Three Troubles

163888

For the first time in a very long time...., with much dismay I might be joining you at the car wash my friend..... Haven't had to report for duty in a long, long time... My small business doing contracting and some high end construction has gotten me through.... Cash flow is killing me and I never thought I would have to carry for over 15 months. The DSX yields are just a indicator of more problems to come. When these guys pull the dividend in there are huge problems ahead. Their going to have to live on reserves ( as I have ), and they run out..... Oh well, who thought that a very smart Democrat from Illinois would be the one to have to pull us out of this???? The good thing is we know we can do whatever it takes to get back in the game and keep the home front strong. That's that military training talking.... old but still strong.

Satellite Radio Is Not Immune to Big Three Troubles

s162

They have been quiet about how but, not that they will take out the Feb 09 debt. Maybe a little talk on the street that their looking to take out more than Feb will make staying short a nervous place to be. At these levels I agree with you that if the shorts lock in profits and the autos are loaned (which Bush said they would do), I think your scenario of a push between now and the meeting and the meeting and the end of the year with some news is completely possible. As I said above though it is a gamble and my positions are locked in for a front row seat to see the drama play out. Good luck and keep in touch.....

Satellite Radio Is Not Immune to Big Three Troubles

S162

this is all I have on Evercore:

The company offers strategic and tactical advice to public and private companies; advises clients that are contemplating the sale of certain businesses, assets, or their company; provides advice for special committees and boards of directors; and offers financial advice and investment banking services to companies in financial transition, as well as to creditors, shareholders, and potential acquirers, as well as serves as an independent and objective adviso...

I don't really know. I haven't heard of them being used before this and they do provide a wide range of services to companies public and private. I read that article yesterday and became more frustrated with Harlieb's quote on P2 , last paragraph. This is the kind of consequences, bad PR, that comes from the Save Sirius group in their noble intentions (sarcasm). Its just not good for shareholders.

Howard is posturing around this Bubba thing is my guess. He is a businessmen before all else..... Instead of helping the pps and earning his outrageous contract price, his timing is to come out at this time and rumor or announce his retirement. Its just more of why I just don't like the guy. Narcissism runs deep with him and that just turns me off. The company needs to be silent and let him do all the talking so that it is not perceived as a conversation with management. IMHO.

Like you said ........ Let the Drama Begin....

Satellite Radio Is Not Immune to Big Three Troubles

Killerkaul,

Happy Birthday to you and a prosperous future!!!!!

As far as adding to your position before the meeting ...... its a spin of the wheel, roll of the dice, luck of the draw type of move write now.. There are a lot of places to put money in the market on good timing with this volatility. Sirius is a big ? right now.....

Satellite Radio Is Not Immune to Big Three Troubles

FoolInHisMoney

Not a problem at all... I was just giving more clarity to what I believe is a very confusing reporting for the company. In Q3 because of huge Goodwill right down, the addition of merger costs, and the adding of XM's two months of operations, there isn't any YOY comparison available. As you know, when their is confusion in the numbers, the analysts will take the company's numbers down and, in this case, accentuate that confusion as even more negative than they are. In reading articles from non supporters of this business' model, you can see how picking and choosing numbers to further their agenda of bashing the company has been used. I just wanted to point out that this company has been on the right track for reducing costs and adding revenue before the merger and it is continuing to do so now.
They have just recently renegotiated with MLB to get the Home Plate channel included in the B of B for Sirius subscribers, as reported by Tyler Savery, on his website Siriusbuzz.com this morning. The details of the $120M in escrow are unknown right now, but the extra dollars from Sirius subs to pick up MLB will be another cash driver. If they can cut in half the escrow required that will also be a big deal.

At the merge, Sirius used $200M in COH to pay some of its debt that was due in May 08 and June 08. It is possible that the $210M or a good part of it, say half, will be taken out. The May 09 debt only needs to be renegotiated with the banks and then extended. The Dec 09 debt doesn't have to be dealt with at all right now. The upcoming dilution and RS could be put off from being used to pay down any of its debt until after the second half of the year, when operations and the automaker situation have more clarity. Building cash through excellent operational management, while building customer goodwill, will be important over the next 6-8 months.

HD Radio Inclusion Debate Heats Up

sorry that's Orbitcast.com

HD Radio Inclusion Debate Heats Up

Here is an interesting update reported by Orbicast.com:

Senator Jay Rockefeller (D-WV) and Representative Henry Waxman (D-CA) today called on FCC Chairman Kevin Martin to put the agency's actions on hold unless they are urgent or required by law.

Rockefeller's and Waxman's committees both have jurisdiction over the FCC.
The two lawmakers said the FCC should focus on completing the broadcast digital TV transition next February, but not on unrelated matters - particularly any controversial issues that the Obama administration will want to review.

The agency would have to halt consideration of most items before it, and that very well could include items that would be covered during the FCC's December 18 meeting.