sirius & xmradio

[GoldVike]

I bought both of these back in Nov. with the merger on the horizon with Sirius to buy XM. I hold a 4 to 1 ratio of Sirius to Xm. It is awaiting approval of DOJ and then a rubber stamp by the FCC.

At about $3.61 per share and XM at 15.27 I would expect Sirius to hit close to $6.00 right after the merger so sell off the profits and maybe retain the base purchase if you like it long. XM should not get much over 18 to 20 so it is only going to be a 1 to 2 dollar value at best. Sirius will pay 4.6 shares for each XM on the sale.

FWIW..............GV

[BettorsChat]

http://www.marketwatch.com/news/stor...D&siteid=yhoof

http://biz.yahoo.com/ap/071205/xm_sa...ence.html?.v=1

[drugstuntman]

I'm with ya GV - I grabbed a lot of SIRIUS a long time ago and missed out on the profits when it took a big fall. It is total b.s. to see how many obstacles they are going thru with the radio lobby spending millions to make sure satellite radio loses millions more. Regular radio is dead, let them join together to bring the consumers a stronger, more affordable product.

[GoldVike]

You know

Monte and Drugstuntman........I think this merger is a done deal this month or right after the first of the year. Hold that Sirius and dump it once it jumps to the 5.50 to 6.00 mark.....SATELLITE radio (both of them) only hold 4% of the total market!! Regular FM & AM hold the huge remaining 96%. Definitely NO MONOPOLY problem with them merging. It will cut BOTH consumers monthly fees in half by end of 2008.

PLUS XM is still installing their stuff right and left in a large % of all new vehicles.........that tells you that motor companies know this will happen too or they would have gone elsewhere.

The companies want it.....the consumer wants it......the FCC will rubber stamp it..........only DOJ is holding this up.......

TAKE THE PROFITS AND RUN ONCE THEY CLOSE IT OUT!

[GoldVike]

Hey Drugs

I totally agree and have you noticed the HUGE advertising blitz on TV with BOTH Sirius AND XM.........More so SIRIUS which makes tons of sense.

Some of this should be written off to normal Christmas/holiday shopping time..........BUT............Ford/Mercury has already committed another huge block of factory satellite radio installs for the next roll out!

I am going to pick up another block of Sirius as I think this is a big time done deal.

NOW THE QUESTION IS WHAT PRICE TO DUMP IT AT.

I may limit sell it off at 5.50 (thoughts are it should peak at $6 bucks) and keep the orignal share investment depending on if if the 4.6 per share of XM holds up.

What is your or Monte's thinking??

Gv

[The Lovedoc]

They need to merge before baseball starts!!

[GoldVike]

doc

NO SHIT!

One of the biggest reasons they have trashed each other is because of the split between "I get the NFL and College Hoops" and you GET "MLB and College Football".........and oh yeah..........the LOSER MUST CARRY THE NBA!!!

GOD DOES ANYBODY EVEN STILL BET THAT SPORT AFTER THE REFS AND THE COMMISSIONER HAVE ADMITTED ALL THE GAMES ARE FIXED FOR VEGAS!???????

[GoldVike]

Here is a good

milestone and fact sheet link concerning the merger.

I still think one should buy some Sirius.........I already have a position in it and will up it here before the 1st of year. It is almost down to 3.15 a share and if you snag it now and even sell at 5.50 after the merger and then retain a small original positon for specualtion growth purposes..........I think it is a winner!

JMHO! GV

http://en.wikipedia.org/wiki/XM/Sirius_merger

[Watchtower76]

2 worthless companies with amazing debts on there balance shteets. I will say this right now, you don't see people rushing out to get SSRI and XM in there vehicle, expecially where this market is taking us. If you think one bit were in a bull market, well black monday is around the corner and i will say this. Get ready for whats to come, i think the avg american is worrying about there house, there 401k, there life then two worthless debt filled companies that make no sence to invest in. sorry guys but investing right now is not the place to be, get ready for the shit show. I seriously think cramer, kudlow and all the cnbc people got talked to and are trying to pump up this market that really isnt' there. We are seeing our own big instutions C, MSCG, MER etc all file for 6+billion write offs, get ready for reality

[Watchtower76]

by all means im not trying to say do this or do that. I'm just saying stocks right now are not the place to be. Your seeing TGT, BBY, CC, WMT, all the houseing, all the banks coming out and saying the slow down is just starting, well i don't personally realize how bad its going to be.. I'm so bearish that all my funds are investing in the shorts of stocks QID and SDS are shorts of the industrial averages. Good luck but pay attention to you funds cuz in my own eyes we haven't even seen whats to come

One question to ask yourself, so the gvt frooze rates, well plz tell me who that helps, if you didn't refinance 5 yrs ago you are dumb with how cheap those rates were, now everyone's house is inflated and in major dept and they can't pay for the payments, this world is getting ready for a major correction.

In my own views

Reed

[BettorsChat]

Just because what's going on in the Market etc, doesn't mean that there aren't some comapnies out there worth investing in.

I do like WFC and some others are wait and see.

[GoldVike]

Thanks

A LOT FOR THE INPUT GUYS!

I have to agree in principal with BOTH of you.....NO.....I AM NOT A POLITICIAN as they are our biggest problem.

Tower is right that this is indeed a BEAR market REGARDLESS of what Crazy Cramer and the CNBC cohorts say. The Financials have and are getting killed and it will only get a LOT WORSE in 08. How much foreign money on fake paper is being funneled into the media hype right now saying things will be OK.? AT THIS RATE the US dollar will be approaching the worth of the Confederate Dollar. We all know how that worked out.

BUT Monte is right too in respect there ARE BUYS to be had. Tower is right.....I looked at both financials of XM and Sirius and they are horribly negative.....that's why I put up the link.

BUT HERE IS WHAT I THINK is a chance to buy a stock at 3+ change and dump fast at 5+ change right after the merger. Will these companies (or then to be company) take off like a rocket. NO.

BUT THEY are installing both radios as stock in many new Ford and GM vechicles. Considering that the SATELLITE radio market only has 4% right now of the total AM/FM market and terresterial owning a massive 96% speaks volumns.

This is a quick strike in and out for fast cash and nothing more that I can see other than what I mentioned if you want to hold a small speculative position after the merger.

THANKS AGAIN FOR ALL THE INPUT! This is all GOOD info from everyone!

goldv