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Re: BondGekko post# 626

Tuesday, 10/25/2005 12:20:20 PM

Tuesday, October 25, 2005 12:20:20 PM

Post# of 30830
If you think this stock can reach 30 when stern arrives, you don't know anything about stocks my friend. Do you know how big the market cap of siri will be if it was valued at 30 dollars per share? Sirius has way to many shares outstanding for this stock to ever reach 30 dollars, without a major stock buyback, which will not happen for at least 3 years.

Please don't spread lies like this, it reflects negatively on our investment here.

If this stock was 10 dollars in Jan or feb, it would be a really great thing. Maybe 15 dollars by the time they announce how many new subs they have added in the first quarter of 2006. And that would be a really great thing.

30 dollars per share would give us a unsubstainable market cap of 40 billion dollars, just not going to happen my friend. I wish you were right, but it is impossible.

I predict after they reach cash flow break even, end of next year maybe, perhaps a year after that they will start to buy back shares to un-dilute the price.
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