Replies to post #324521 on Zeev's Turnips Patch-No Politics (ZEEV)

[D2]

yep....Stern and the new CEO could push this to $10 in a short window

[Paul A]

Re: SIRI- its going to be real interesting to see how many subscribers Stern brings to them.. For the life of me I cant figure out why this guy has the following he does, but his 'people' are almost cultish in nature following him for nearly 2 decades.. sorta bizzarre..

Throw in the market exubberance the turnips have forcast and this ones a nice little trader.. Very rare for a sub 5 (well, almost sub 5) to be that liquid consistently on a daily basis.. Youd be real surprised how easy it is to read/trade this little sucker : )

[kron7777]

Zeev, RE: SIRI

They will have 4 mln subs in 2 years , not 5. In 5 years they will have some 15-25 mln subs (at least these are current estimates). They will be a money making machine.

The service is great and people love it. It beats CDs, MP3 and IPODs hands down. People will realize that sooner than later.

Valuations is a different story. There is currently alot of excitement about Stern/Karmazin and as any story stock it is prone to wild price swings. But current valuations are reasonable if one assumes that they will have some 20 mln subs in 5 years which will result in earning $1 bln a year or so. So there is still upside left for years to come.