Scot's Slant

Five Positive Points on Sirius: Is the Street Listening?

Scot here. Finally, instead of opening a door and eyeing a dismal abyss of darkness to SiriusXM's future, this latest good news, however slight, shows a faint glimmering of light shining through the keyhole....

And by the way, there is one more thing: When the restructuring of debt comes due in February 09 -- all 300 million of it -- do the third grade math; 20 million subscribers at $10 a month equals a shitload of cash in SiriusXM's hands. Analysts can use charts and crunch all the algebric numbers they want to create bleak future outlooks but the basic facts remain what they are; with a healthy revenue stream of dollars pouring into Sirius XM's coffers each month, a billion dollars of debt is nothing more than a mere nuisance....

Scot's Slant