Thursday, March 16, 2006 9:42:26 PM
Further the person displays no knowledge of trading and or investing, but then concludes this to be a bad investment. I submit if you buy anything at the top it is not a good investment. This has been a great investment he is FOS.
Two posts ago I said I thought xm would go into the low-mid teens and it is usually 4-5x the sp of siri. I would look for that.
I still think that $12 -13 might well be a good deal. If SAC costs are reduced this quarter then Panero and Parsons will be heros again. To buy though these guys have to get the costs under tighter control they are increasing at an increasing rate and that is the reverse of what should be happening with greater sales, unless someone is giving product away.
They have much work to do on programing. Going forth should they should take a serious look at the guy in charge of programing. There are just an awful lot of subs singing the same blue song.
I also think if they are going to keep the status quo, they best do a fall back on the Sub Price to $9.95 and cut the heck out of SAC while simultaneously increasing subs at an increasing rate.
All JMHO
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