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Team Budweiser
USA
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 Posted - 10/06/2004 : 10:22:53 AM
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Are Buddy Howard Stern is going to Sirius Satelite Radio January 2006!
Sirius( siri <<<<stock market symbol)
is selling for about$3.90 a share, XM radio is selling for about $20.
Lok for Sirius to climb thru the next year.
They will getting more and more subscribers that's gonna really boost sales thru the roof.
He's a riot now,
I can't wait the hear him without leash from moral pimps.
I bought in about a year agowhen they were looking bad.
Some anaylist are saying $16 a share in year, but hell I'd take 8 or 10 a share read the last of the story below.
Throw a $100 bucks down and let it pay for a racing season or two...LOL
Market Report -- Story Stocks (SIRI)
October 06, 2004 12:56:00 PM ET
No Title [Briefing.com] Sirius Satellite Radio (SIRI 3.92 +0.57) and Howard Stern announce what they call a "landmark deal" as the self proclaimed "King of all Media" will broadcast from the SIRI platform beginning January 1, 2006. The multi-million dollar deal lasts 5 years and calls for a budget for the show to be approximately $100M. SIRI estimates that it needs 1 mln new subs to cover the cost of the deal. Stern is easily the most coveted property in radio, his syndicated radio show is consistently among the highest rated and his ultra-loyal fan base has followed him from radio to books to movie and even pay per view specials. The move comes after XMSR, the chief competitor of SIRI had signed on another controversial radio show that recently began broadcasting on the XMSR platform, the Opie and Anthony show. Opie and Anthony were pulled from the free airwaves after a sex stunt in New York City's St. Patrick's Cathedral. A significant difference in the two services is that XMSR requires listeners to purchase a premium service to access the often off color Opie and Anthony radio show while the Howard Stern show will be part of the standard offering from SIRI. Stern noted on his show today that he will have control of three channels to program. He went on to state the show will air from 6 am to 10 am and then be repeated on another channel. SIRI also has a contract with the less controversial NFL, broadcasting two feeds from each game, one feed for the home team and one feed from the away team. This services allows transplants to listen to their favorite team called by the local announcers. This deal is much like the one that the DISH cable network signed with the NFL which allowed it to differentiate itself from its competitors. There has been plenty of interest in play between the two players in the satellite radio market. That play has generally been to short XMSR and use the proceeds to buy SIRI. This idea is based off the idea that XMSR was overvalued and SIRI has been undervalued. This play however is taking into account share price and not market cap. While XMSR, whose stock trades around $29 per share, its competitor SIRI trades below $4. The market caps of each stock are much closer than the price of the stock would imply. XMSR has a market cap of $5.95B and SIRI carries a market cap of about $4.8B. This difference in market cap denotes that the opportunity for such a short and buy scenario is much more limited that the share price would suggest. While this deal does change the landscape of the market, we doubt that the short and buy scenario and regression to the mean thesis will push both stocks to $16 a share. Such a move ($29 +$4 = $32 / 2 = $16) would imply a quadrupling of the value of SIRI. It would also imply that XMSR would lose about half of its market value. The only problem with this is that a short and buy scenario is generally a zero sum game, where the moves in market cap would be roughly equal. This is a positive announcement for SIRI, but it would be hard to imagine that a share price of $16 would come about over the next year unless there is a reverse stock split. -- Briefing.com
Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond, and world FX market participants.
TB.
 So Cal Pitbox Rocks
 Fantasy Thunder Player Pitbox
 ONE HARD JOHNSON
 BFG
  Junior Pitbox |
Edited by - Team Budweiser on 10/06/2004 10:50:45 AM
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Drafters
USA
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Posted - 10/06/2004 : 2:35:57 PM
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"It will compete with XMSR's stock price of $30+/share, easily (imo). Whether you like Stern or not he is a money maker...and whther you like Wal-Mart or not, they too are money makers. SIRI and XMSR have this market cornered and there is nothing but growth ahead for this company. Satelitte radio is, without a doubt, going to do nothing but get bigger and bigger and more widespread...Just imagine how many units Wal-Mart alone will push off the shelves...These prices will not be any lower then they are now for a long time to come."
http://ragingbull.lycos.com/mboard/boards.cgi?board=NASDAQ%3ASIRI&origsymbols=siri
BFG <> The Great Northwest |
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Friggin Ol Man
United States
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Posted - 10/06/2004 : 4:11:05 PM
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Hell yeahh.....for 100 million and stock options he will be the highest paid jockey , from MILF to FILTH .... YEAH I LIKE !!! THOSE FOLKS ARE HILARIOUS....
Great finish for Dale Jr @ Dega. Im sure he is looking fwd to the DON PERRION~ with a splash ........GO DALE JR
ANYONE GOING TO PHOENIX THIS FALL ?????
LATER
OL MAN
S0 Cal Pitbox Rocks |
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Locnar
USA
0 Posts |
Posted - 10/06/2004 : 4:41:18 PM
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Only thing I can say about Howard...He's a BUTT MUNCH.
Poor excuse for comedy.
What a Dou...
I can't say, I might get Black Flagged.
Right Coast Racers
BFG Rules
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Howard Stern Uncensored @ SSR?
