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needfastmoney
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sirius doing good up .07

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Repoman75
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Never EVER will break $5 again.. unless a merger happens OR they massively buyback shares.

This is the SMMW of the NAS.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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needfastmoney
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i think your wrong a lot of people are judging this stock based on howard stern if you dont like him thats cool but dont hate this stock for it. before he came they had 600k subscribers now there over 6million in one year come on give me a break repoman75. they now have tv going to be installed in cars did u see the autoshow i guess not. it was the big talk... the charger will have it in its 2008 models and thats a good selling car

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Repoman75
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I like Howard and own 2 Sirius radios. And yes, I think their products, now and future, will be great.

HOWEVER, that doesn't matter. You have to look at this stock differently... it trades 60 - 100 million shares a day.. mindblowing, yet never moves more than .20. Why? Never moves up, never moves down anymore... just sits there. WHY? It's been like this for a year at least...

WHY???

I'll give you a chance to answer before I give you the actual answer.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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stocktrader22
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I agree...its a POS

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Disclaimer: Not accountable for anything I say

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Repoman75
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Ok, you took so long.. maybe you're stumped - that's ok.

Here is why it won't break $5 again unless a merger happens, it is bought out, or they buyback massive amounts of shares (100's of millions).

1. The stock currently has 1.3 BILLION shares outstanding (it could actually be more now).. not authorized, but OUTSTANDING. Huge amount.

2. Previous investors who bought above $5 are either wiped out or tainted and won't come back as they lost their ASSES when this POS dropped below $5 and became NonMarginable.
3. They are CFP for 1 quarter only... need to sustain that for much longer to get any real interest. There is no book value on this stock at all right now.

3A. They need to show a net revenue AND begin paying off some of the massive debt they have.

4. Long terem investor interest just isn't there right now, however, short term interest and daytrading interest is there. That is why when any type of run starts, it doesn't get very far because people sell to lock in .20 - .30 profits. With so many shares trading daily, it is EXTREMELY easy to take a LARGE position in this stock and get out QUICKLY - .20 on 10's or 100's of thousands of shares is nicer than holding and taking a risk.

5. Hedge funds are all over this stock, using reverse straddles to make a fortune (do you know what a reverse straddle is?) They have a vested interest in being able to sell puts/call in large volumes and not have the stock price move very muhc.

6. Finally - the "Street" hates SIRI. CNBC bashes it daily, as well as most analysts. Cramer hates it now (only liked it if there was going to be a merger). The Street takes care of its own, and Mel is no longer one of its own. Viacom, Clear Channel and those peeps are... until the "Street" turns around its views, the average Joe will not touch this stock.

So, in conclusion, until you have massive buying pressure from investors who are willing to hold for more than .20 gains, this POS goes nowhere.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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J_U_ICE
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SIRIUS and XM to Combine in $13 Billion Merger of Equals
Mel Karmazin to Serve as Chief Executive Officer and Gary Parsons to Serve as Chairman of Combined Company
Feb 19, 2007 2:47:00 PM
WASHINGTON and NEW YORK, Feb. 19 /PRNewswire-FirstCall/ -- XM Satellite Radio (Nasdaq: XMSR) and SIRIUS Satellite Radio (Nasdaq: SIRI) today announced that they have entered into a definitive agreement, under which the companies will be combined in a tax-free, all-stock merger of equals with a combined enterprise value of approximately $13 billion, which includes net debt of approximately $1.6 billion.

Under the terms of the agreement, XM shareholders will receive a fixed exchange ratio of 4.6 shares of SIRIUS common stock for each share of XM they own. XM and SIRIUS shareholders will each own approximately 50 percent of the combined company.

Mel Karmazin, currently Chief Executive Officer of SIRIUS, will become Chief Executive Officer of the combined company and Gary Parsons, currently Chairman of XM, will become Chairman of the combined company. The new company's board of directors will consist of 12 directors, including Messrs. Karmazin and Parsons, four independent members designated by each company, as well as one representative from each of General Motors and American Honda. Hugh Panero, the Chief Executive Officer of XM, will continue in his current role until the anticipated close of the merger.

The combined company will benefit from a highly experienced management team from both companies with extensive industry knowledge in radio, media, consumer electronics, OEM engineering and technology. Further management appointments will be announced prior to closing. The companies will continue to operate independently until the transaction is completed and will work together to determine the combined company's corporate name and headquarters location prior to closing.

The combination creates a nationwide audio entertainment provider with combined 2006 revenues of approximately $1.5 billion based on analysts' consensus estimates. Today the companies have approximately 14 million combined subscribers. Together, SIRIUS and XM will create a stronger platform for future innovation within the audio entertainment industry and will provide significant benefits to all constituencies, including:

* Greater Programming and Content Choices -- The combined company is
committed to consumer choice, including offering consumers the ability
to pick and choose the channels and content they want on a more a la
carte basis. The combined company will also provide consumers with a
broader selection of content, including a wide range of commercial-free
music channels, exclusive and non-exclusive sports coverage, news,
talk, and entertainment programming. Together, XM and SIRIUS will be
able to improve on products such as real-time traffic and rear-seat
video and introduce new ones such as advanced data services including
enhanced traffic, weather and infotainment offerings.

* Accelerated Technological Innovation -- The merger will enable the
combined company to develop and introduce a wider range of lower cost,
easy-to-use, and multi-functional devices through efficiencies in chip
set and radio design and procurement. Such innovation is essential to
remaining competitive in the consumer electronics-driven world of audio
entertainment.

* Benefits to OEM and Retail Partners -- The combined company will offer
automakers and retailers the opportunity to provide a broader content
offering to their customers. Consumer electronics retailers, including
Best Buy, Circuit City, RadioShack, Wal-Mart and others, will benefit
from enhanced product offerings that should allow satellite radio to
compete more effectively.

* Enhanced Financial Performance -- This transaction will enhance the
long-term financial success of satellite radio by allowing the combined
company to better manage its costs through sales and marketing and
subscriber acquisition efficiencies, satellite fleet synergies, combined
R&D and other benefits from economies of scale. Wall Street equity
analysts have published estimates of the present value of cost synergies
ranging from $3 billion to $7 billion.

* More Competitive Audio Entertainment Provider -- The combination of an
enhanced programming lineup with improved technology, distribution and
financials will better position satellite radio to compete for
consumers' attention and entertainment dollars against a host of
products and services in the highly competitive and rapidly evolving
audio entertainment marketplace. In addition to existing competition
from free "over-the-air" AM and FM radio as well as iPods and mobile
phone streaming, satellite radio will face new challenges from the rapid
growth of HD Radio, Internet radio and next generation wireless
technologies.
"We are excited for the many opportunities that an XM and SIRIUS combination will provide consumers," said Gary Parsons, Chairman of XM Satellite Radio and Hugh Panero, CEO of XM Satellite Radio, in a joint statement. "The combined company will be better positioned to compete effectively with the continually expanding array of entertainment alternatives that consumers have embraced since the Federal Communications Commission (FCC) first granted our satellite radio licenses a decade ago."

"This combination is the next logical step in the evolution of audio entertainment," said Mel Karmazin, CEO of SIRIUS Satellite Radio. "Together, our best-in-class management team and programming content will create unprecedented choice for consumers, while creating long-term value for shareholders of both companies. The combined company will be positioned to capitalize on SIRIUS and XM's complementary distribution and licensing agreements to enhance availability of satellite radios, offer expanded content to subscribers, drive increased advertising revenue and reduce expenses. Each of our companies has a strong commitment to providing listeners the broadest range of music, news, sports and entertainment and the best customer service possible. We look forward to sharing the benefits of the exciting new growth opportunities this combination will provide with all of our stakeholders."

The transaction is subject to approval by both companies' shareholders, the satisfaction of customary closing conditions and regulatory review and approvals, including antitrust agencies and the FCC. Pending regulatory approval, the companies expect the transaction to be completed by the end of 2007.

SIRIUS's financial advisor on the transaction is Morgan Stanley and Simpson Thacher & Bartlett LLP and Wiley Rein LLP are acting as legal counsel. XM's financial advisor on the transaction is J.P. Morgan Securities Inc. and Skadden Arps, Slate, Meagher & Flom LLP; Jones Day; and Latham & Watkins LLP are acting as legal counsel.

Conference Call and Webcast Information

The companies will hold a joint conference call and webcast on Tuesday, February 20, 2007 at 8:30 AM ET to discuss this announcement. The conference call can be monitored by dialing 800-573-4840 within the U.S. and 617-224-4326 for all other locations, passcode 29490052. The webcast can be accessed at http://www.sirius.com and http://www.xmradio.com as well as on their satellite radio services by tuning to SIRIUS channel 122 and XM channel 200. The webcast will be archived at http://www.sirius.com and http://www.xmradio.com.

About SIRIUS

SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR, NBA and NHL, and broadcasts live play-by-play games of the NFL, NBA and NHL, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.

SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 75 channels of talk, entertainment, sports, and 100% commercial free music.

SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at http://shop.sirius.com.

SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep(R), Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.

Click on http://www.sirius.com to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.

About XM

XM (Nasdaq: XMSR) is America's number one satellite radio company with more than 7.6 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, the Country Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2007 lineup includes more than 170 digital channels of choice from coast to coast: commercial-free music, premier sports, news, talk radio, comedy, children's and entertainment programming; and the most advanced traffic and weather information.

XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Hyundai, Nissan, Porsche, Subaru, Suzuki and Toyota is available in 140 different vehicle models for 2007. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com.

Forward Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc., including potential synergies and cost savings and the timing thereof, future financial and operating results, the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," or words of similar meaning. Such forward- looking statements are based upon the current beliefs and expectations of SIRIUS' and XM's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of SIRIUS and XM. Actual results may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement: general business and economic conditions; the performance of financial markets and interest rates; the ability to obtain governmental approvals of the transaction on a timely basis; the failure of SIRIUS and XM shareholders to approve the transaction; the failure to realize synergies and cost-savings from the transaction or delay in realization thereof; the businesses of SIRIUS and XM may not be combined successfully, or such combination may take longer, be more difficult, time-consuming or costly to accomplish than expected; and operating costs and business disruption following the merger, including adverse effects on employee retention and on our business relationships with third parties, including manufacturers of radios, retailers, automakers and programming providers. Additional factors that could cause SIRIUS' and XM's results to differ materially from those described in the forward-looking statements can be found in SIRIUS' and XM's Annual Reports on Form 10-K for the year ended December 31, 2005, and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2006, June 30, 2006 and September 30, 2006 which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and Sirius and XM disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this press release.

Important Additional Information Will be Filed with the SEC

This communication is being made in respect of the proposed business combination involving SIRIUS and XM. In connection with the proposed transaction, SIRIUS plans to file with the SEC a Registration Statement on Form S-4 containing a Joint Proxy Statement/Prospectus and each of SIRIUS and XM plan to file with the SEC other documents regarding the proposed transaction. The definitive Joint Proxy Statement/Prospectus will be mailed to stockholders of SIRIUS and XM. INVESTORS AND SECURITY HOLDERS OF SIRIUS AND XM ARE URGED TO READ THE JOINT PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.

Investors and security holders will be able to obtain free copies of the Registration Statement and the Joint Proxy Statement/Prospectus (when available) and other documents filed with the SEC by SIRIUS and XM through the web site maintained by the SEC at http://www.sec.gov. Free copies of the Registration Statement and the Joint Proxy Statement/Prospectus (when available) and other documents filed with the SEC can also be obtained by directing a request to Sirius Satellite Radio Inc., 1221 Avenue of the Americas, New York, NY 10020, Attention: Investor Relations or by directing a request to XM Satellite Radio Holdings Inc., 1500 Eckington Place, NE Washington, DC 20002, Attention: Investor Relations.

SIRIUS, XM and their respective directors and executive officers and other persons may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding SIRIUS' directors and executive officers is available in its Annual Report on Form 10-K for the year ended December 31, 2005, which was filed with the SEC on March 13, 2006, and its proxy statement for its 2006 annual meeting of stockholders, which was filed with the SEC on April 21, 2006, and information regarding XM's directors and executive officers is available in XM's Annual Report on Form 10-K, for the year ended December 31, 2005, which was filed with the SEC on March 3, 2006 and its proxy statement for its 2006 annual meeting of shareholders, which was filed with the SEC on April 25, 2006. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Joint Proxy Statement/Prospectus and other relevant materials to be filed with the SEC when they become available.

Contacts

SIRIUS
Media Relations
Patrick Reilly
212-901-6646
PReilly*siriusradio.com

Investor Relations
Paul Blalock
212-584-5174
PBlalock*siriusradio.com

Hooper Stevens
212-901-6718
HStevens*siriusradio.com

XM
Media Relations
Nathaniel Brown
212-708-6170
Nathaniel.Brown*xmradio.com

Chance Patterson
202-380-4318
Chance.Patterson*xmradio.com

Investor Relations
Joseph Wilkinson
202-380-4008
Joe.Wilkinson*xmradio.com

Richard Sloane
202-380-1439
Richard.Sloane*xmradio.com
SOURCE SIRIUS Satellite Radio; XM Satellite Radio


----------------------------------------------
Patrick Reilly
Media Relations
+1-212-901-6646
PReilly*siriusradio.com
or Paul Blalock
Investor Relations
+1-212-584-5174
PBlalock*siriusradio.com
or Hooper Stevens
Investors Relations
+1-212-901-6718
HStevens*siriusradio.com
all of SIRIUS
or Nathaniel Brown
Media Relations
+1-212-708-6170
Nathaniel.Brown*xmradio.com
or Chance Patterson
Media Relations
+1-202-380-4318
Chance.Patterson*xmradio.com
or Joseph Wilkinson
Investor Relations
+1-202-380-4008
Joe.Wilkinson*xmradio.com
or Richard Sloane
Investor Relations
+1-202-380-1439
Richard.Sloane*xmradio.com
all of XM

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The difference between genius and stupidity is that genius has its limits

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Repoman75
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Well, I was right again. Merger or share buyback... Stock will fly now.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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IMAKEMONEY
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LOL

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LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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PCola77
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A buddy of mine has like 400 shares of SIRI that he bought at like $7 a few years back. He's been bugging me since this news came out to tell him what i think it'll do to the stock price.

Anyone have any insight? I told him I have no clue, but that wasn't acceptable to him [Smile]

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cactus33
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could be a nice short play, after it runs and calms down. not sure how high it will go this week??

jmho

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chklingon
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Should be wild tomorrow. Howard took it from 2 to 9. Don't think it will run quite that wild, but sure won't complain if it does.

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I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it.

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tmanfromtexas
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Pcola, my math is probably screwed up but it looks like that xmsr holders get 4.6 shares of siri for every share owned. xmsr closed at 13.98 Friday. siri closed at 3.70. If you take 13.98 and divide by 4.6 you get 3.04 value for the shares to be provided. That number of course will fluctuate as the price does. I dont have a clue what he should do either. My head hurts now and I need a beer. TMAN...

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In the end, trust only yourself when trading stocks.

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Redwinger
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Gonna be interesting
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chklingon
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Overseas closed over $4 today on SIRI. We should start there tomorrow morning.

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I wrestled with reality for years, Doctor, and I'm happy to state, I finally won out over it.

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metal1
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quote:
Originally posted by tmanfromtexas:
Pcola, my math is probably screwed up but it looks like that xmsr holders get 4.6 shares of siri for every share owned. xmsr closed at 13.98 Friday. siri closed at 3.70. If you take 13.98 and divide by 4.6 you get 3.04 value for the shares to be provided. That number of course will fluctuate as the price does. I dont have a clue what he should do either. My head hurts now and I need a beer. TMAN...

your math is backwards.... xm is getting sirius stock so its 3.70 x 4.6 = 17.02 xmsr. xm is getting the premium. final price will depend of course on SIRI fluctuations.
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Repoman75
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Exactly, XM will gap up tomorrow.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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Repoman75
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And this is a long term play.. I would load up. YOu may not see sh1t in the short term, but combined, the stock will be a monster or will be bought out by Apple.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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cactus33
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watching for the run, then i will short the pizz out of it before FCC ruins everyones plan, free market needs competition = no monopoly.. this is just a tactic to sell shares, save face and for mms to get rich imo..

jmho

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glassman
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i agree cactus,
somebody didn't do all their DD:

February 19, 2007
FCC Could Block Sirius Merger With XM

Sirius (SIRI) and XM (XMSR) today announced that the companies would merge in a combination that would give each company's shareholders 50% of the new firm.

The merger has one huge hurdle, the FCC. And, the agency may have good reason to block the deal.

Competition between the two companies has almost certainly kept the monthly rate to subscribers at around $12. The mergered company would almost certainly raise rates to increase revenue and try to pay down the huge debt of the companies. It is one of the reasons that the federal goverment resisted newspaper mergers for so long.

The two companies would have to make a case that they would not survive without the merger.

Douglas A. McIntyre

http://www.247wallst.com/2007/02/fcc_could_block.html

http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2007-02-19T2 34148Z_01_N19447540_RTRIDST_0_SIRIUS-XM-FCC-UPDATE-1.XML&rpc=66&type=qcna

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needfastmoney
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Sirius-XM deal is sweet music for consumers
Even though a combination would technically be a monopoly in satellite radio, a merger of the two could actually be good news for radio listeners. Here's why.


The deal should be good news for investors in both companies as well. Sirius and XM have been extremely volatile stocks over the past few years.

By Paul R. La Monica, CNNMoney.com editor at large
February 20 2007: 1:33 PM EST


NEW YORK (CNNMoney.com) -- If Sirius Satellite Radio and XM Satellite Radio are allowed to go through with their plans to merge, there will only be one satellite radio network left in the U.S. But make no mistake: this would not constitute your classic monopoly.

As long as a combined Sirius (Charts) and XM (Charts) decided to keep their monthly subscription rate around $12.95 a month, it's tough to imagine how this deal would be bad news for consumers or investors.
Consumers may soon be able to get XM and Sirius stations from one satellite receiver if investors and regulators approve the merger between the two companies.

Shares of both Sirius and XM have tanked during the past year due to concerns about subscriber growth and increased competition.
Video More video


Satellite radio operators, XM and Sirius will combine in a merger of equals. CNN's Gerri Willis reports (February 19)
Play video


A merger of the nation's two satellite radio firms makes a lot of sense. Consumers that really wanted all that satellite radio has to offer have previously been stuck having to choose one or the other or bite the bullet and buy subscriptions to two services. That works out to $25.90 a month.

Those who want to hear the outrageous antics of Howard Stern as well as fellow shock jocks Opie and Anthony have to subscribe to both Sirius and XM. Sirius is the exclusive home of Stern while the Opie and Anthony show airs on the XM network.
XM, Sirius announce merger

If you are a big sports fan, you have also been out of luck. XM carries all the Major League Baseball games but no football. Sirius, on the other hand, had exclusive rights to the NFL but no baseball.

And even if you did subscribe to both services, having two satellite radios in a car is not really feasible. Plus, if you wanted to get both services at home, you'd still need to buy two separate satellite radio receivers. That's silly. It would be like having one radio that only worked for AM stations and needing another radio that only worked with FM channels.

"One can argue that the biggest complaint of satellite radio consumers is the lack of choice. This merger would give all consumers and all customers of either satellite operator all of their programming," said Frederick Moran, an analyst with Stanford Group.

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trade04
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i see this just going down...merger is a year away.... new formed company will have a ****load of shares lol..
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needfastmoney
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its funny how some people cant see good business. your probably one of those guys who hates howard steern and cant see past that hate. its all about money lose the hate

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trade04
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quote:
Originally posted by needfastmoney:
its funny how some people cant see good business. your probably one of those guys who hates howard steern and cant see past that hate. its all about money lose the hate

ur totally wrong...i lik ehoward stern....i have followed siri since 1.15.....they screwed up when they paid stern way too much and gave him way too many shares....end of story...
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bullpicks6
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Yea, this one is going nowhere, first off, even if the merger does go through, this thing will be diluted to all hell

second off, do you really think they'll let this merger happen?

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Repoman75
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I think the merger goes through... but we'll see.

If not, both stocks go right down the toilet for good.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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bullpicks6
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It's tough, and there's not much precident, also, the FCC commish already said he'd never let this thing pass... but who knows, maybe they have someone in the pocket,
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glassman
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isn't this deal going to make the OS almost 3 billion shares?

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cactus33
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a sirius suckers rally, lol..

just a scam to sell shares.. may get a bounce from the selling though.. have to watch it.. i missed my short entry..

a sirius POS, but i love howard and Bubba.. and the product.

good luck

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Repoman75
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After the merger, there is upside.. you'll see.

But now? Dead money.

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Stick with Repo's plan in '07 - FRPT/DKAM!

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cactus33
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agreed, waiting for the next bounce after selling.
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before_the_crowd
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Did someone see last nights conan and max wienberg's small talk moment on XM and Sirius merger.

I thought that was funny

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This is not a recommendation to buy or sell securities.

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trade04
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quote:
Originally posted by before_the_crowd:
Did someone see last nights conan and max wienberg's small talk moment on XM and Sirius merger.

I thought that was funny

hahaah! i watched that it was funny as hell...
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