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Siriusly disappointed » Comments » SIRI

  • Sirius Retail Sales Questions Left Unanswered [View article]
    Sirius needs to overhaul its retail approach if they want to improve results. For example, I would like to see a Sirius representative at some of the Best Buy stores. Obviuosly itis impractical to have someone at every store but I believe that they could put someone at say 25 of the highest volune stores. Alternatively, they could produce a short video presentation for distribution to all of the stores which details the new offerings. The video could also be available for internet distribution. I do not want to rely on Best Buy, Circuit City or any other store personnel who have no vested interest in the success of Sirius to be in charge of the company's future retail success. I am a strong believer in Sirius and have been long Sirius since 2004. I also believe that Mel will deliver. However, it will take time and the stock will not move appreciably higher until the company produces significant results, e.g. breaking through 20 million subscribers, free cash flow, realization of synergies, etc.
    Aug 22 10:17 am |Rating: 0 0 |Link to Comment
  • Significant Value in Combined Siri/XM from Merger Synergies - Citi [View article]
    It will be interesting to hear what Mel has to say. He is the main reason I took a position in the stock 4 years ago. I still feel that long term this stock will be a good investment. I agree that anyone selling at $1.50 is completely missing the boat of opportunity. Unfortunately I think the boat will be in dry dock for 3-6 months.
    Jul 29 13:24 pm |Rating: 0 0 |Link to Comment
  • Significant Value in Combined Siri/XM from Merger Synergies - Citi [View article]
    I am disappointed at Cramer's comments. Last week he stated that if someone held Sirius as a speculative play in their portfolio that he supported the stock. Last night he buried the common stock. I anticipate that the common could go as low as $1.50 today. As a long time owner of Sirius I am somewhat more optimistic than Mr. Cramer. I believe that once the merger is over and the rest of the reorganization is complete that the merged entity will prove to be a good investment. However, in the short-term, say the next 6 months, the stock will be dead money.
    Jul 29 07:44 am |Rating: 0 0 |Link to Comment
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