cos10000

Has Jim Cramer Crossed the Line with Sirius XM?

Not so, Ari d k. It;s not earnings but also capital structure. This company has tremendous debt and a boatload of convertibles that will dilute the common even more if the company becomes even modestly profitable. It's why the common is a lost cause.

The smart money has moved on -- but the dogs on these message boards are still barking about its "upside".

Has Jim Cramer Crossed the Line with Sirius XM?

The author demonstrates his profound ignorance of the law. There is no liability here based on what Cramer said. Even if he did, General Electric would be the target of the suit, not Cramer personally. You can bet GE's corporate lawyers protect him well. This article is impotent rage masquerading as righteous indignation.

Newspaper Stocks: New York Times Company, Gannett and McClatchy

This author seems confused. She bills herself as a Silicon Valley-based corporate strategist. However, her piece seems to ignore the limitations of newspapers' online business.

She neglects to mention that despite impressive percentage revenue growth online, that growth is decelerating, and is occurring off a small base. In other words, gains online are not keeping pace with losses in print ad revenue.

The author further neglects to mention that McClatchy may be cutting its dividend by the end of the year if not sooner, so it will free up cash to service its $2.1 billion in long term debt from its poorly-timed Knight Ridder acquisition. Interest expense alone has consumed 80% of McClatchy's operating income so far in 2008.

McClatchy has been scrambling to cut costs - including an outsourcing initiative to a firm in India. It also just offered buyouts to a large number of employees at the Sacramento Bee.

McClatchy and other publishers may be establishing a separate, independent business from their print product, but that business is not growing quickly enough - or profitably enough - to support the high fixed costs associated with the current print infrastructure. Profitability continues to decline, and advertisers will not pay up for the same ad online that they purchased in print.

Where was all this mentioned in the author's article?

Newspaper Stocks: New York Times Company, Gannett and McClatchy

Jay, what leads you to believe Gannett is undevalued? 80% of revenue comes from print advertising, and that revenue is declining by doub;e-digit percentage figures. Where is the growth and profitability that will drive the stock price?

Newspaper Stocks: New York Times Company, Gannett and McClatchy

notsosmart: Let me guess....You're retired, live in red-state America, and no college degree. Right?

The New York Times Struggles Online in July

Let me guess: You're retired, you live in red-state America, and you don't have a college degree.

Federal OEM Bailout Looks Positive for Sirius XM

The Vicar warned all of you about the price slump. How long are you willing to wait for the rally that never happens?

Federal OEM Bailout Looks Positive for Sirius XM

The success of your investment hinges on a federal bailout of your largest revenue driver? Now there's a reason to buy the stock of an unprofitable company...not!

Mad Dog Signs On in "Big Win" for Sirius XM

The reason Howard went to Sirius was
1. money
2. money
3. money
4. money
2. uncensored content (MOST IMPORTANT AFTER REASONS 1-4)

Sirius XM 2009 Debt Is a Non Issue for Investors

This stock is having trouble getting above $1.50 because it isn't worth more than $1.50. 3 billion shares outstanding, more dilution coming, and the vast majority of cash flows are more than 10 years out. Why would this stock be worth more than $1.50?

Sirius XM Radio Analyst Roundup

How familiar are all of you with the capital structure of this company? Do you know how convertible bonds work, and how they affect equity valuation?

Sirius XM Radio Analyst Roundup

No it's not. The 6% convertibles have put a permanent cap on the common. You'll be lucky to see it hit $2 again.

Sirius XM Radio Analyst Roundup

I'm glad to know that others readers here suspect that Mr. Savery may be posting as his own apologist under various pseudonyms on these boards. Would not surprise me.

Sirius XM Radio Analyst Roundup

Disappear, greenbacks disappear!

Sirius XM Radio Analyst Roundup

Euro9908 it's okay to make a mistake. You're one step closer to redemption than the others on this board because you acknowledge your mistake in buying these shares.

The good news is that your admission liberates you to sell your position and buy an index fund. You'll make more money than the stubborn longs who continue to deny their mistake. They are prisoners of their own risk aversion.