Wallstreet

[Flipper]

With all the news about Howard Stern and the FCC coming down on him, he eventually is going to go to Satellite Radio after his contract expires in a few years. Do you think a buy in either or both of xmsr or sirius is a good idea now. I'd like to buy now and see where it takes me in a few years.

Any ideas would help.

Thanks in advance.

Phil

[wallstreet]

Phil,

I like Howard, listen to him most every day.

I dont think he goes satelite radio when his contract is up. I think he goes OUT after his contract is done. He has enough money and will do other ventures..maybe returning down the road.

As for the radio plays, I dont like SIRI or XMSR actually..way too much movement from the lows to attract me. If anything it hurts Viacom that is the owner of the show.

[Flipper]

Uh oh

[wallstreet]

Flipper,

Alot of things change in 8 months since we talked about the issue.

I still do not like SIRI at these levels. It seems cheap, but look at how many shares are outstanding..the stock is valued near 2 Billion dollars, for satellite radio?

No thanks.

If you want in, Stern isnt coming for almost another 2 yrs, you have plenty of time to get in at much lower levels.

If anything it is a short here, especially over 4 bucks..but I am kicking myself that I didnt buy back a bit ago at 2.20 or whatever it was..

edit) SIRI market cap- 4.7 Billion..lol XMSR who had the real market share in business 5.7B