bananaz

A Tale of Two Economies: Manufacturing vs. Services

I agree with Relmor that it will get worse and, with no manufacturing base anything we try to build is done on shifting sands. We can't manufacture here because it is too dirty, unsafe, expensive, etc. We can't mine or drill because it is "environmentally unsound". I am for clean air and water but we have thrown the baby out with the bath water.

I own a manufacturing business and have see nearly all of my suppliers either outsource overseas or go under. How many of us are going to freeze and starve before we reverse the trend? This depression is just starting.

I doubt they can reinflate the bubble, as you put it but maybe they can slow the slide. Take a better look at what you're buying and try to buy American if you can. (That basically means stay out of Wal-Mart)

Sirius XM: An Equity Adrift

Hey round and long; time to change your ID so the uninformed will think that there are many outside of the NAB with your views.....

Audiovox / Sirius Deal Means Good News for Consumers

Yes, Why would Audiovox agree to spend their money on R&D for products unless they know they can sell them?

Even when they make debt payments, it goes unnoticed. Even if they make this years debt payments, there is always some pesky issue they can latch on to, such as debt payments due in 2045, or something. We need good postive news to help this stock to start rising (or at least to stop the decline). Agreed with mlongj. We'll know something by Feb.

BTW: Most of the bashers are down in the islands for the holiday and will be back by Monday.....

Clarifying Sirius XM Reverse Split Issue

No one is holding a gun to your head. Get out of it, otherwise you are an idiot for holding a stock you think is going nowhere. Please tell Hartleib and your other buddies in the pocket of the NAB that everyone knows what you're up to: Destruction of satellite radio.

Sirius XM's Guidance News is Substantial

Mel doesn't disappoint. I am wondering how much price dilution by swapping newly authorized stock for debt is factored into the stock price right now?

Major League Baseball Hits Sirius XM

Exactly what should SIRI use to buy back the shares? They have no spare cash.

Major League Baseball Hits Sirius XM

I assume that the escro money is to assure payment to MLB over the life of the contract? If not, could SIRI us it as collateral, or at least use part of the money as collateral until the payments are due?

I am not a Baseball fan and am wondering if Baseball is a profitable venture for SIRI? I would ask the same of other contracts. It just seemed to me that, after the signing of Howard Stern, XM seemed to enter into a series of foolish deals to try to regain the momentum they were losing. I wonder if buying XM was like buying "a pig in a poke", so to speak.

Satellite Radio Is Not Immune to Big Three Troubles

sl62, Congress fiddles while Rome burns......

Who Comes First, The Customer or the Business Itself?

Geez, the networks cancel someone's favorite TV show all the time and people don't cancel their cable service. Don't you think Sirius dput some thougth and research in to which channels to keep?, and which to cancel? If you are one of the few who had all of their favorite channels cancelled, then I'm sorry. I want Sirius to survive, otherwise we all have nothing worth listening to on the radio.

Give a channel to Chuck Zito???!!! Are you joking? That show is as unlistenable as that "wiseguys" show on Raw Dog. Of course, he might kick my ass for not listening.....

Ousting Sirius CEO Karmazin Is a Crazy Idea

Mel is smart enough to know that the more he says in a market like this with all the problems SIRI has had in the last 2 years, the more likely he is to bring on a shareholder suit that will cost the company money. Mel doesn't disappoint, which is why he has institutional inverstors at all. His estimates for the stock are always just a little under what comes in every quarter.

In this toilet bowl of a market he knows that only performance will raise the stock permanently. This will take a while, a couple of quarters anyway to start to come around.

Three Reasons for Sirius Aggravation

Brandon, I can understand the anger at having to bail out GM, Ford, and many banks whose irresponsible behavoir led to thia financial fiasco. I am angry, too. However, letting them go down the drain will ultimately be even worse for us all.

Looking back in history, to 1929 through 1932, Herbert Hoover felt the same way, feeling that these "panics",as they were called back then, were needed and cathartic for the economy. As the panic deepened, it became too late for conventional recovery methods. It ultimatey took WWII and the preceding militaty build-up to finally bring the economy around to boom times again.

Do you really want to see one of the few industries left in the country fail and lay off 100,000s of workers and the resulting tricle-down to smaller companies? The snowball effect would be devastating.

Punish the guilty later. Make new laws to prevent this from happening again but act and act now. Itis a lot bigger than the survival of Sirius/XM!

Sirius Finally Provides Wall Street the Clarity It Demanded

Mogambi 99, people who sell a stock short are betting the share price will go down. They must borrow the stock to sell. If the stock performs better and begins to rise in price, they will be forced to buy stock on the open market to replace what they borrowed. I do not know under what terms they borrowed so I don't know when or at what price they will feel compelled to buy back at.

SIRI has debt refinancing issues to deal with and the lending market is difficult right now. Will it get better before they need to re-fi or not? Who knows. SIRI will hurt the share price if they are forced to sell more shares because they can't get attractive financing terms. The terms they can get are affected by company performance. They are starting to demonstrate that their financials can and are getting better, even in this dreadful economy, assuming that things don't get much worse.

There is also a danger of NASDAQ de-listing as the share price is under $1.00. A reverse split is one solution and some people are quite agitated about it thinking (I believe) that it will raise the share price only to be driven down again by the shorts. I doubt this will happen (opinion). A reverse split does not affect the value of your investment but often has a negative connotation because is always pursued by companies with share prices "in the toilet", so to speak.

Diluting of the stock by the company issuing more shares does hurt share price but some think that this is inevitable and, therefore already priced in to the current stock price. Being able to sell more stock does give the company more leverage in it's upcoming debt refinancing discussions.

This is my understanding of the basic SIRI situation. I hope it helps. If I am wrong, please correct me.

Sirius Finally Provides Wall Street the Clarity It Demanded

Relmor, it is always good to have options. The option to dilute, however distasteful to the shareholders, of which I am one, is one of the few arrows in Mel's quiver. It gives him negotiating leverage.

De-listing is always a possibility down the line. A reverse split while it may have generally negative connotations may be needed. It should not be a problem if they can avoid it before they have better financials to report. A rising company will likely be forgiven more than a declining company.

Sirius was caught in a "Perfect Storm" of the Hell of FCC approval, the shorts running wild and now horrible market conditions. To my way of thinking they are trying to thread not just one needle but a moving line of needles. I think that they are doing as well as anyone possibly could under the circumstances.

I'll hang in there beacuse I love the product and, at this point have little more to lose. Relmor, Why are you still in there?

Sirius Reverse Split Only "to Satisfy Listing Requirements"

Based on Mel's comment, I think the lawsuit has sent a message to management that a reverse split in not desireable. However, whether the stock reverse-splits or the stock scratches and claws it's way above $1.00, what is to stop the shorts from running it dowan again? I believe the answer is nothing except for an improving balance sheet. I also prefer to avoid the split but the OB is where most stocks go before they slowly fade away. No institution will touch it.

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Ok, it does seem like grasping for straws but you can't say that Tyler and Brandon don't keep us informed on everything that could affect us as SIRI investors.

Did anyone see the two page color ad, section one of the New York Times on Sunday? I understand that there were also in other cities as well. Themarketing has begun. Hopefully it has an effect.