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Karmazin Video Provides Some Sirius Answers

I would rather see the Sirius stock make a recovery without a reverse split. The company has to perform if the stock is going to perform. Maybe Sirius is just going to go into the dumper forever, I don't know, but I don't think a reverse split will do anything except give the shorts more room to drive the stock down even more after the split. And if big investors were interested in Sirius in the first place the stock would not have gone down.

No, what I would much rather see Sirius and specifically Mel Karmazin do is to get on it and start advertising their service. I mean, there is no advertising at all, at least not on any TV stations or media that will do it any good. Mel has to sell, sell, sell, like Lee Iacocca did when he helped rescue Chrysler some 30 years ago. Where is Mr. Karmazin??? What kinds of packages and offers are there right now, does the general public know; or does it even realize that there is such a thing as satellite radio? I know I see Comcast Cable, Verison, AT&T and many others pushing there products and services constantly. If Mel doesn't get a massive advertising campaign going like yesterday and Sirius spirals downward, the big league names that have recently signed up with Sirius, like Howard Sterns, will not be around for long. I know it takes money to advertise, but remember Chrysler was going bankrupt when it was resurrected, and I don't think it was a stock split that saved it. What Chrysler did took hard work and determination and it paid off.

I heard Mel say that it was the end of terrestrial radio. How is it the end of terrestrial radio? Much of the public doesn't know or doesn't care that satellite radio exsits. And why would they want to pay for something that they can get for free? If people are not going to be made aware then I say it is the end of satellite radio, it ended before it even began. So roll up your sleeves Mel and get your hands dirty, sometimes that's what it takes if you want to get something to work right. Or else don't. Maybe Sirius is just a scam, another situation where the rich get richer and the poor get poorer. And maybe I just bought into a bill of goods.