I hope you feel better...I dont know what I will do with the stock at this moment.Ive been working 70 hour weeks as of late
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I hope you feel better...I dont know what I will do with the stock at this moment.Ive been working 70 hour weeks as of late
Agree with the nft network being awesome,they had the Jamal contract news before ANY local news feed in Md had it.
You may not like what T said, but he happens to be correct.
http://news.yahoo.com/s/bw/20070223/bs_bw/0710b4024055
XM & Sirius: What A Merger Won't Fix
You may dig Satellite radio, but the #'s do not look good for its survival. At least not with it's current model.
And I'm still trying to figure out what Jesus freaks has to do with anything.
:rolling: Cable TV will never last either,who would pay for TV when its free
yeah who in their right minds would pay for something that's free?
I do have a question, hopefully somebody can answer, You know Terrestial radio is free all you have to do is buy a radio.
I pay for sattelite radio so I can have commercial free music.
Why in the hell am i paying for cable/sattelite and there are still commercials???
When I lived in Nj in the 70s we had cable and there was no commercials
The NFL Network on Sirius is outstanding and I listen to it everyday. Football 24 hours.
:jester: :jester:
Outstanding shares IS dilution, same thing. The share value is diluted due to the number of outstanding shares.Quote:
Sorry, but Siri's outstanding shares is just one of the reasons along with its dilution ...
Those shares do indeed exist, they just weren't brought to market via an offering but instead were used as payment in some form. It makes no difference, they are shares of the company just like those brought to market in an IPO or subsequent offering. And they all contribute to share dilution.Quote:
When Siri traded over 255M shares in one day last week, you can bet that half of those shares don't even exist because they gave the shares away to insiders and to creditors.
It has enough shares outstanding to flood the market and dilute the value. I own some Sirius as well and it has done well for me but they have killed the share price but flooding the market. The fact that they flooded the market using the stock and options instead of cash as payments does not make a difference to us share holders, they have still flooded the market with a tremendous amount of shares. The shares given to Stern, etc. They are shares just like any other and hurt share value. When you look at earnings per share ALL shares are included in that.Quote:
It doesn't have enough of anything to flood the market.
I read 7 out of 10 people still listen to free radio. With the radios being put in new cars I can see that number level out in the next 10 years.
I bought the radio for Howard but Ferrall, The NFL & Nascar Network are off the hook. Buddy Baker on the Nascar car channel is worth the 43 cents a day.
I dont think we will ever stop listening to Free radio. I think at one point we may see less radio stations on FM/AM with a national twist to it.Quote:
I read 7 out of 10 people still listen to free radio
Honestly though Those who dont have sat radio are missing out big time. It really is great entertainment.
It looks like it will take a year or more for your helpful :eyes: Congress and FCC to sort this one out:
Quote:
Karmazin, who will face skeptical members of the House Judiciary Committee's newly formed antitrust task force, says satellite radio is in stiff competition not only with free, over-the-air radio but also with such newer products as MP3 players, Internet radio and music-downloading cellphones. "What I need to do is lay out the realities of the marketplace as we see it," Karmazin said in a telephone interview yesterday.
.... "What I'm concerned about now is whether we're creating a monopolistic situation," Rep. John Conyers Jr. (D-Mich.), who will chair the task force hearing, said in an interview yesterday. "I don't think it will stimulate competition, and it could very well take away from the competition taking place now in the industry."
The Justice Department and Federal Communications Commission, not Congress, will decide whether to allow Washington-based XM and New York-based Sirius to merge. But today's hearing seems certain to introduce the chief arguments for and against the plan, whose outcome may not be decided for nearly a year.
Trap, Siruis is a very long term play. When they start buying back shares they may become something more than a day traders delight. My guess is at the next market pull back they will get hammered.