TRADER WATCH: XMSR right now

[bran987]

interesting stuff happening with that one right now.

52-week low and falling, down 9% right now.

 

[Devastation]

satellite radio is fucked right now. maybe good for a short tho

 

[Creepusmaximus]

I agree, good to watch and it will be a buy some time here. When others are bailing out and selling, I'm looking for a buy. When people are in a buying frenz I'm usually looking to sell. Trust me it works over time. Only if good companies are involed.

 

[gotmilk]

I know subscibers are increasing but they are paying way too much for on-air talent.

How do you turn a profit?

 

[bran987]

I know subscibers are increasing but they are paying way too much for on-air talent.

How do you turn a profit?

dunno, but Hugh Panero promised profitability by the end of this year on revenues of about $890 million. I've been running numbers and I can't figure it out either, but I don't have all the information. One analyst at JP Morgan published an analysis predicting $1.4 billion of FCF by 2010, lol. Apparently once they get to a certain point, each extra million subscribers = $100 million of FCF annually. Supposedly most of their costs are fixed and they just need to cover those before the gravy train starts.

 

[gotmilk]

They promised to not run commercials yet have started having on air talent slip in some promos.

Personally...My Sirius sucks

 

[bran987]

They promised to not run commercials yet have started having on air talent slip in some promos.

Personally...My Sirius sucks

mmmmmmmmm... I thought they had always promised commercial free MUSIC channels, but I always knew the people like stern and cnbc and stuff were going to run ads, right?

are you saying they're running commercials on the music channels?

 

[gotmilk]

not commercials in the sense of interrupting a station.

They do station breaks like in the 1950's..

and our last five songs were sponsored by...

It just started on some of the channels.

 

[manny78]

dunno, but Hugh Panero promised profitability by the end of this year on revenues of about $890 million. I've been running numbers and I can't figure it out either, but I don't have all the information. One analyst at JP Morgan published an analysis predicting $1.4 billion of FCF by 2010, lol. Apparently once they get to a certain point, each extra million subscribers = $100 million of FCF annually. Supposedly most of their costs are fixed and they just need to cover those before the gravy train starts.

Maybe I'll be the only one to think that way but I dont see a very bright future for satellite radio. Wireless internet is spreading very fast (at least in my area) and of course, that makes internet radios' life easier (i can already see wireless net radio for cars...). Time will tell...

 

[Whacked]

not commercials in the sense of interrupting a station.

They do station breaks like in the 1950's..

and our last five songs were sponsored by...

It just started on some of the channels.

I noticed it as well (onm XMSR)

 

[ZKaudio]

I already use wireless streams in my car via edge wireless card.

 

[bran987]

hmmmm has anyone tried this?

www.hdradio.com

 

[ZKaudio]

the best solution, if you want monthly payments is to get an edge or evdo pcmcia card (or you can teather via bluetooth to your phone) then get a rhapsody subscription, or somethign similar... that way you can have whatever you want playing whenever you want, and you can dl if you like, while you have signal... I just don't like paying for someone else's music preferences.