18 reasons to hold SIRI:
1) The merger is complete
2) The automobile industry is recovering and will continue to strengthen over time (SIRI has contracts with almost if not every auto maker)
3) IPhone Application
4) Blackberry Application
5) Applications with every other carrier in the near future
6) Coast Guard Contracts
7) Aviation Contracts
8) Marine Contracts
9) Mobile SATELLITE T.V in automobiles now, but the sky is the limit with Direct TV synergies
10) **WORLD SPACE** Liberty Media owns SIRI and WS and I think it is only a matter a time until we have world wide satellite radio which equates to millions of customers
11) Massive NOL's that can offset huge amounts of debt and greatly effect the cash flow allowing debt repayments, capital for marketing, share buy backs and a stronger balance sheet
12) Debt maturation pushed back to 2012 allowing all of the above to take shape in the meantime and creating better terms for SIRI cost of capital
13) Cell phone potential
14) Superior content to AM/FM radio
15) 18,500,000 customers that retailers have to find a way to advertise to. This equals $$ to SIRI
16) Customer base seems to be flexible to slight fee increases. ($1.00 = $54 million plus per quarter in revenue)
17) Awareness of naked short selling among other things will hopefully help protect all equities. (google- stockshockthemovie)
18) SIRI is a MONOPOLY..If they can't make money with no competition then I'm sure their executives will be kicked out by their boards and start their new life in our wonderful political system! (IMO Mel is a perfect CEO for this company, in this position and at this exact moment)
