Merrill Upgrades Sirius, Sees Merger Approval Soon

This article has 55 comments:

•  
  Alexr78

  Jul 02 05:11 AM

  My Website
  Its only a matter of time
•  
  skyking

  Jul 02 06:45 AM
  It all Depends on what the definition of "near" is......
•  
  163888

  Jul 02 07:02 AM
  Just wait till Mel gets his hands on XMSRs books. He is going to cut so much extra fat that few at XMSR, thought even possible. I believe in Mel, and I believe that if he says 400 million now, that by the middle or end of 2009 he will be revising that figure up. It has always been his MO. I believe that because he has not been able to truely see XMSR internal workings he was very conservative on that 400 million estimate.
•  
  User 217738

  Jul 02 08:32 AM
  Another years goes by, hey did they merge yet. This is our government joke at work. What are they waiting for? More kick backs. Remember go vote at election time.
•  
  Rawbhurt

  Jul 02 09:27 AM
  Tne vote is in by thursday.My friend told me, he works at wall street.
  I'm sirius......
•  
  Oii55544

  Jul 02 09:30 AM
  I like Ms. Tate after reading some of her speeches but I have to say this... IF the reports of her indecision are true, then after 470 days of information, if she is unable to see this issue with clarity, she should resign or at least forget about the reality of any reappointment.
  
  At this point a 470 day decision is a pox upon the hose of the FCC that won't be easily forgotten. These companies have been literally stripped of 5.2 BILLION (since 12/1/2007) of market cap which greatly impacts their ability to be financed and operate with efficiencies.
  
  There has been some great FCC Commissioners and Chairmen over the years. Their hard and decent work is stained by delays and political positioning of this degree.
  
  
  
  
•  
  cos1000

  Jul 02 09:33 AM
  I hate to say it, and I know that its hard to hear, and even harder to admit, but this guy from Merrill has been closer to right than most. On April 13, 2008 he came out with an opinion in his article titled, "Still To Early To Buy Sirius" that had the stock on "Hold" with a price target of 2.30. The stock had just broke 2.50 and we all lamented "How much further could it go". I an others bought shares at 2.46-2.50. Then Goldman Sucks, Weinkes happened and here we are, buying shares at 1.86 and 2.01.
  
  I see this "Upgrade" to BUY as a GREAT SIGN from an analyst who is not patting himself on the back, and is barely being noticed by the Street. He has quietly said now is the time to BUY this stock when he told us all that it wasn't time to buy in April. Granted he has upgraded the stock, while lowering his target price from 2.89 - 2.70. Picking price is more difficult than predicting momentum, up and down trends, as we all too well know. So while Glen quietly goes back into his cubicle, I take his change in rating as a very positive sign for the momentum of this stock. These are the signals from analysts who just say it like it is researched and then give you opinions to act on. This article alone is worthless unless you connect it to his April 13th Assessment.
•  
  killerkaul

  Jul 02 10:10 AM
  217738....... Steady my friend.... Don't lose heart, we''ll beat these carpetbaggers yet. I agree with you on the Glenn Beck show. The man is solid.
•  
  killerkaul

  Jul 02 10:14 AM
  Cos......... I hope you're right buddy. Looong Siri.
•  
  dave010a

  Jul 02 11:00 AM
  217738, I was with you, pumping my fist through your rant....until you promoted the Glenn Beck show. I almost puked. He should personally feel responsible for a large portion of the divisiveness in this country. And divisiveness equals gridlock in progress. Hence, why we have had nothing but rhetoric on issues like energy policy, health care, immigration, etc., instead of progress. There is no room for extremists like Glenn Beck on either side. They squash innovation.
•  
  killerkaul

  Jul 02 11:45 AM
  I strongly, however politely disagree. Unfortunately everything the right tries to accomplish.... is considered extremist. The far left Palosi's of the party will never stand for common sense before emotion. For example the energy policy you mention...... emotion dictates no drilling in the Anwar, no drilling ofshore {In spite of the fact that all international communities laugh at us for our total lack of common sense on this issue}. All other countries, and I do mean all, drill for oil offshore. If you support this total lack of common sense...... do not cry to me, as you fill your gas tank at $5.00, a gallon
•  
  killerkaul

  Jul 02 11:50 AM
  sorry... cont. $7.00...$10.00...and even $12.00. Believe me it's coming..... amid the gales of laughter, of the rest of the rational world.
•  
  dave010a

  Jul 02 12:04 PM
  Sorry, but drilling in Anwar is not going to solve the problem. I happen to be in favor of it. I'm not in favor of drilling off the coast of Florida or California, of course, neither are Jeb Bush or Arnold Schwarzenegger. At a maximum, Anwar could represent 1% of world oil reserves. And it would most likely be sold overseas, where the demand is. It's a small part of a bigger plan that is needed. I'll bet we agree more than disagree on a the ways to approach energy policy.
  Killerkaul, I'm a democrat, but I'm trying to be reasonable. I didn't say the "right" are extremist, I said Glenn Beck is. All I'm saying is we're not going to get anything done about the issues if we can't find some compromise. I think we need to demand more compromise from our own parties. Because I'm sick of talking about the same issues over and over again.
•  
  dave010a

  Jul 02 12:06 PM
  One other thing, I think $5.00 per gallon is the best thing that can happen to us as a country. Because it may finally force us to do something about our oil situation. You probably studied economics, increasing demand and decreasing supply creates a problem for prices.
•  
  omagod500

  Jul 02 12:07 PM
  Anyone ever hear the presidential candidates make any sort of comment on the merger? I know that in the grand scheme of national politics and issues it is not that important (which makes the amount of time the matter has been in the hands of the government that much more ridiculous), but it would be a good litmus test to see how susceptible each candidate it to being lured into the pocket of special interests.
  
  I'd love to see someone ask them directly at one of those town meeting Q&A's the candidates put on....
  
  Heck, it might even get to be on one of their agendas... at the rate this thing is going the merger could still be up in the air when they take office!!!
•  
  163888

  Jul 02 12:35 PM
  bradley, You better start getting in favor of driiling off of our own coast, and any other place we need to. That is one of the worst arguments I have heard, ANWR only gives us 1%. That is right up there with, it will not be available for 10 years so why do it. So I ask if alternatives will not be availble for 30 years why even think about them. Sounds dumb right, as dumb as the democrats (and some liberal republicans ie Schwarzenegger, Snow, McCain) polices have been for the last 20 years. We would have had ANWR oil now if not for Clintons VETO on it in 95. every year the republicans have brought up ANWR and every year it gets slamed by the democrats.
  
  bradley just a few questions to see how reasonable you are: first are you pro choice. Second, what car do you drive. Third, are you against the death penalty. Forth how do you feel about outsourcing.
•  
  dave010a

  Jul 02 12:55 PM
  You forgot Jeb Bush in your list of liberal republicans, I guess. That was stupid of Clinton to veto it. I have never agreed with everything my party does. All I'm saying is Anwar isn't going to make much of a dent in our energy situation. If you can't see that, then there's no way we'll come to terms on anything. To answer your questions:
  1. Pro-choice, but I think we should work toward ways to limit abortions. And abortions should never be allowed after the first tri-mester, except in cases where it's been learned that the fetus is not viable. But I can see where you're coming from if you're against abortion.
  2. Volkswagon TDI--Deisel, But I ride my bike to and from work now.
  3. Yes. Not because I don't think sick bastards should be gruesomely put to death for murdering someone else. But because innocent people are put to death. Can you see where I'm coming from?
  4. Outsourcing--good questions. But I'm not going to write a thesis on this blog. In general, I'm for it. Because without it, we can't compete in a global economy.
  
  How about you? And don't get all emotional on me.
  
  By the way, to all others not interested in this discussion, my apologies. But I guess we've got to talk about something while we wait for the freakin' FCC.
•  
  ITS A
  SIRIUS WORLD

  Jul 02 01:12 PM
  FCC decision tomorrow? I certainly hope so.
•  
  killerkaul

  Jul 02 01:32 PM
  Bradley...... I do agree, that we agree on many points. Especially both parties getting down and dirty, regardless of political ramifications........ and doing something immediately about producing more of our own oil, buiding more refineries, and anything else that will stave off high gas prices................... whiiiiiiiiiiiiiiiiiiiiile we vigorously rush to development of any, and all alternative answers to our energy problems that should have been addressed back to Clinton's reign, and back further to at least the 60's/70's. We have dug at least....... a thirty year hole, that is going to take probably at least 30 years to dig ourselves out of. {That's if...... and I do mean only if......... our inept, dishonest, greedy, selfserving, carpetbaggers can do something for the common good of the people and country}. Do I have any hope of this occuring in the near or distant future?????????? I say none, yes none whatsoever. $$$ 12.00 gas......... I say..... BRING ON THE PAIN!!!!!!!!!!! One can only contemplate the many, many, many.... problems we have created and brought down upon us. Talk about plague and pestilence in the Bible. Before it's over , this may be close. Something for you all to ponder.......... while we wait... and do....................... NOTHING.
•  
  163888

  Jul 02 01:54 PM
  bradley, the reason is Jeb Bush is not, what I consider a liberal republican. ANWR (Arctic National Wildlife Refuge) is 1.16%, then there is the coast, then there is the oil shale. All combined would provide enough oil for the United States for the next 30 years.
  
  As to your car and being willing to outsource, that is a reasonable position.
  
  Also, considering the way you feel on the death penalty and I figure that if that person was a admited killer you would not have a problem with putting him to death. Being pro choice is also reasonable.
  
  You do understand if you were a liberal (unreasonable) your answers would have been; I drive a Toyota, and I am against outsoursing of any kind. Then you would have been for killing innocent babies and against killing admitted killers. You can see how these positions are not reasonable positions right.
  
  I was just making sure we were dealing with a reasonable democrat, while from your prior post I should have known, these days it is getting harder to find.
•  
  dave010a

  Jul 02 02:30 PM
  163888--I hear you.
  
  The deal is that most democrats are more to the middle on your above issues than most would think; I think the same is true for republicans. The perception of conversatives is that they couldn't care less about the environment, creationism should be taught in schools, health care is fine the way it is, unions should be abolished, we should create one big corporation in america, and gays should be eliminated from the planet. Is that truly how all conservatives think? I doubt it; in fact, I'll bet it's a miniscule percentage.
  
  But, to come full circle to the original discussion about Glenn Beck, he would have you think the way you do about liberals, and gives some democrats reason to believe the perceptions about conservatives. What would you say if I came on here and starting throwing around that we all should listen to Michael Moore, because he speaks the truth? You would think I was ridiculous.
  
  Political campaigns and the media distort the reality and are not a true reflection of the people's beliefs.
  
  So you think we should try to work together instead of continue to castigate each other? I'll convince my friends that republicans aren't evil if you'll do the same to yours.
  
•  
  killerkaul

  Jul 02 02:37 PM
  There just may be some hope..............
•  
  User 217738

  Jul 02 04:07 PM
  Have any of you seen pictures of ANWR. Look it up on Google Earth and other nature pics. It's a fricken waste land.
•  
  killerkaul

  Jul 02 04:13 PM
  Well....... caught another batch of siri shares at closing....... $1.91s. Tried all day for below 1.89, but can't pass up a bargain, since I feel time is running out on my dance card. Run Blue Dog Run!!!!!!! Where are those dam cheerleaders?????????
•  
  163888

  Jul 02 04:41 PM
  bradley, Well put. To be honest though, I dont even know who Glenn Beck is, Iknow his name but never heard him speak. I do know Rush L., Sean H., and "the great one" Mark L. All of which, I have to say are pretty reasonable conservatives. Although Mark L. may at times be a little more out there then the others, I think that is because he just gets so fustrated with liberals he vents.
  
  
  killerkaul, I still kept my other shares at 1.86 should have sold those when it went up to 2.1, but I also kept the others I should have sold when it got to 2.7. So just call me stubborn.
•  
  dave010a

  Jul 02 05:11 PM
  Sorry 163888, I wanted to end this because I thought we were on to something positive. But I think you've missed my point. In fact, I know you have because Rush Limbaugh and Sean Hannity (& Combs) are no different than Glenn Beck. They are not reasonble democrats or republicans if they can't find agreement with the other side of the aisle. Rush Limbaugh started "Operation Chaos" to simply mess with the democratic primary. Now, if you want to listen for the sheer sake of entertainment, fine. But please don't let them dictate what you believe to be the truth about republicans and democrats...because they are not reasonable. Once again, they are a large part of the reason we have made no progress on any of the issues.
•  
  still
  waiting

  Jul 02 07:56 PM
  I hate stock manipulation. I hope GS got the price they wanted so we can all profit from this.
•  
  boston1

  Jul 02 09:24 PM
  1. No Americans drilling of the coast of the good olde USA. However the Chinese have a drilling operation just 90 miles off the coast of Florida.
  
  2. If the Clinton Adm. had pass the the bill instead of vetoing it 13 years ago, we would be in the 3rd or at least in the first year of harvesting our own resources.
  
  3. The French are practically Nuke energy fed why are we in America the most technological nation on the globe still arguing wether we should build any nukes.
  
  4. If everyone in this group with money to play the stock market is worried about the price of gas maybe you should be more careful with your money. I own siri for the long haul and my Ford truck takes 38 gal.
  
  5. Goverment agencies almost always move at the pace of snails so 470 days may not be slow enough for the farts at the FCC.
•  
  The Vicar
  of Value

  Jul 02 11:21 PM
  Mr. Savery, your column today is a perfect example of what I was suggesting to you earlier.
  
  Your column is just an echo chamber, parroting warmed-over Wall Street research. This adds no real insight or incremental information to give it meaning, context, or perspective. If you seek to serve your readers well, and give them a real reason to click on you, please offer us something that we can't read on Yahoo! Finance or Briefing.com.
  
  Do you talk with major shareholders? What are they saying? Who do you know in Washington? Have you reached out to anyone at C3SR? Original content drives readership.
  
  You could add so much more to your column if you only developed some sources, took the time to call them, and synthesized your findings into a column that actually conveys original information.
•  
  163888

  Jul 02 11:53 PM
  bradley, the reason Rush started "Operation Chaos" is because of what the democrats were doing by crossing over in to the early republican primaries. Lets face it for the most part the only people that vote in primarys are conservatives or liberials for each party. There is no way conservatives wanted John McCain. Second yes I do believe almost in almost everything that Rush and Sean say they make to much sense. Have you ever seen any of the debates that Sean H. has had with the other side? I have and in not only mt opinion he wipes the floor with them. By the way I am not talking about on is radio or tv show I am talking about neutral sponsered debates in a neutral arena. On that I will say if you have listened to them and you can't see the wisdom of what they are saying then you are right on the fact that we should drop this. Because to compare the conservatives to the liberals is nuts. Example: When Tony Snow and others from the republican side have tragities, the left comes out with things like "I hope he dies a painful death". Compare that to what Rush and Sean say for instance about Senator Kenndy " I wish him well in his fight against this desease" and " I can't emagine the pain of what he and his family are going through, Iwish him well". That is the difference in a nut shell.
•  
  buddylee

  Jul 03 08:28 AM
  I think the quickest way to bring gas prices down is to strengthen the dollar, oil prices are rising because as the dollar is devalued against foreign currencies we have to spend more of them on the same product and thats just the first step. Step two drill drill drill, refine refine refine. Step three, develope alternatives sometime in the 2000's.
•  
  killerkaul

  Jul 03 09:23 AM
  163888..... Give Beck a listen, he makes some good points, Lately he has ridiculed our lack of offshore drilling, lack of refineries, lack of nuclear facilities, Anwar idiocy, conservatory bias and ignorance etc. He has an interesting delivery also. He has been ridiculing the hypocracy of the international community on their view of how they feel we should be running our energy policy in the world community. He points out common sense problems/solutions minus political ramifications. Finally he makes you..................T...
•  
  killerkaul

  Jul 03 09:26 AM
  sorry......... cont. THINK.
•  
  killerkaul

  Jul 03 09:42 AM
  Bradley...... What Limbaugh did with Operation Chaos, was brilliant. His intention was not to "mess" with the democrat primary. It was designed to keep Hillary in the race for as long as possible, thereby allowing truth to be brought out on Obama, that might not have ever been addressed. {Certainly not by the Democrat party}. More importantly she forced Obama to actually state what he stands for in clear, concise, english, dissallowing his one line mantra of glittering generality........... "I am for Change". Even the democrats couldn't want another candidate like Kerry, who never did tell the American people what or where he stood on any issue..... right down to the election.
•  
  killerkaul

  Jul 03 09:51 AM
  163888...... You might be stubborn, however if this merge goes the way we think it will, a few pennies per share is not going to matter much in the grand scheme of things. Get the champaign ready. LOL
•  
  novistor

  Jul 03 05:01 PM
  hey satellite monkey-iac tou need to chill dude . I just like to read about the pot-o-gold at the end of this insane rainbow.
•  
  muley101

  Jul 03 05:06 PM
  I am not so optimistic that the FCC will get this done soon. I just watched the first 6 months of FCC commission meetings for 2008 at:
  
  www.fcc.gov/realaudio/...
  
  They have accomplished absolutely nothing on any issue!
•  
  novistor

  Jul 03 05:10 PM
  the only thing they know how to accomplish is to keep their big, fat paychecks roliing in - no accountability.
•  
  163888

  Jul 04 01:02 AM
  You guys are going to love this one:
  
  fjallfoss.fcc.gov/prod...
  
  Can you believe that the NAB is now saying to the FCC that satellite radio may push them out of the autos altogether. I thought they were just saying they did not compete with satellite radio. SIRI/XMSR, should start to repull old FCC filings where the NAB said they did not compete with satellite. While the NAB last filing maybe true, it shows the FCC that the NAB cant be believed about anything they say anymore. That they say whatever suits them at the time. I mean can they get it right, first it was, to investors they compete with us, then it was they dont compete with us, and now it is finally they may put us out of business. I hope SIRI/XMSR makes sure that they are exposed, while one would think that Tate is not that dumb, why take the chance.
  
  Not bad for a company that is suppose to be out of business soon. You people know who I am talking to.
  
  killerkaul, remember when I told you, I dont like to say why this will be so big. on a blog, and I will tell you more after a decision is made. Not to long ago on Mike Stathis June 29th atricle, I posted this on June 29, 7:24PM:
  
  Seamless82, shut the hell up, until the decision is made. The next thing you will see, is somebody using the 25mhz reason as to why the merger should not go through.
  
  That FCC filing was one of the first times I saw that 25 mhz used. Just before that their was another article out about, why the merger should not be approved. It used the 25 mhz reason. and just how much of spectrum that it was. That it was more then all the terrestrial radio spectrum combined. It is also, as I told you one of the many reasons people will be very happy with SIRI in the long run. If this merger gos through many SIRI long investors (I mean 5 to 10 years long) will join me in retirement.
  
•  
  163888

  Jul 04 01:36 AM
  Killerkaul, This is from that other article I was talking about from the Radio World Newspaper, by Paul McLane, 07-02-08:
  
  
  If you accept the frequent argument that big U.S. commercial broadcasters often misuse their spectrum by not serving the public interest, convenience and necessity — a contentious point, but one that finds a more receptive ear on this page than at most radio trade publications — how does it make sense to hand control of a yet more massive piece of spectrum to one large business entity (which, by the way, will be run by managers who helped create the very world of modern commercial radio that so many people love to hate)?
  
  I supported establishment of satellite radio against the wishes of many in radio as an appropriate exploration of new technologies and new competition in use of the spectrum. However, regulators who licensed those two services (over competing claims) also established a prerequisite that their merger must not be allowed; they did so for a reason.
  
  Those commissioners weren’t idiots; they already knew our media marketplace was blossoming into many choices. Proliferation of more competition since then doesn’t make their original intention irrelevant.
  
  The regulators established such a restriction, in my view, because to hand control over a huge piece of spectrum to one and only one company would be nothing more than a federal giveaway of massive scope that would not benefit consumers and would be patently unfair to other businesses already competing in the broadcast arena under longstanding federal guidelines.
  
  No amount of twittering around the edges with a la carte programming or minority set-asides is going to change that fact.
  
  (Another way to tell this is a bad idea: If satellite radio had never happened, and then someone were to propose today from scratch the idea of selling one company exclusive, for-profit access to a swatch of public spectrum as fat as everything occupied by all of FM and AM combined, there’s no way it would be approved. Flat out no way.)
  
•  
  163888

  Jul 04 02:04 AM
  cos1000, I believe it was because even if you change your name all of the prior post will change to the same name. Unless it comes from a different server, which as you said might very well be the case.
•  
  163888

  Jul 04 02:06 AM
  P.S. Everyone have a crazy 4th, see (write) you on Monday.
•  
  shure46

  Jul 04 10:04 AM
  well let's put this in context ....in the time it has taken the FCC to raise their hands and say " Aye " , a heart surgeon has performed 50 open heart surgeries , a fireman has put out 100 fires , a new football stadium is 75% completed , the price of oil has doubled , China has built 75% of the infrastructure for the Olympics , and somewhere a baby was conceived , born , and is now almost 6 months old !!!!!!! ALL , in the same amount of time it has taken a few US government employees to say "yes" or "no"
•  
  shure46

  Jul 04 10:25 AM
  killerkaul 7-32 01:32 PM .....THAT'S EXACTLY where we are heading .....We are entering a time in history where things will cease to get better , and only continue to get worse ...little by little ...in life , and in economics ......the policies , and the peoples of the world are self serving and this will ultimately crumble ......I hope for one more little bull market before I get out , because one day ( I do not think too far in the future ) This economy , and the market are going to crash , big time .....I don't know when , but I know it is not too far away .....I imagine when oil gets to 200 or more , the economy is sunk ......there will be no money for TV's when it costs 200 dollars to fill your car up with gas ......the dominoes will fall hard and fast ........meanwhile , our government will continue to spend billions of dollars on BS pork projects that don't do crap for anyone ( anyone wanna buy a bag of rocks from Mars ??? )
•  
  cos1000

  Jul 04 12:10 PM
  shure46, killerkaul Your views of the future are very depressing and completely relative to your own experiences. Although I can see and feel the frustration of not having control over the forces of capitalism in this country, and control over lobby controlled Politicians, I believe your assessments are somewhat desperate. Greed in the world is not new. The current shift of economic power today is being accomplished without war, but through market conditions. For instance cheap labor, relative to US labor, has moved whole industries to India and China, where their middle class is prospering and growing YOY at incredible rates. I read a report recently that India's middle class, defined as having incomes in US dollars, between 5K-25K per year, totaled mor than 380 Mil People and growing. My statement of relativity is that these folks see the world as having a continuously improving future. That's more than the entire US population. The same is true, with different numbers, in metropolitan China. Ironically where wars are now being fought economic markets cannot thrive. Our current economic struggles are benefiting others in the world. The pendulum will continue to seek equilibrium.
  
  shure46..... You stated above that: "We are entering a time in history where things will cease to get better , and only continue to get worse ...little by little ...in life , and in economics ......the policies , and the peoples of the world are self serving and this will ultimately crumble" While using a "World" view of what's happening, this is not true of what's happening in the entire world just your part of it. While you say the "World" is self serving, you then state you want one more Bull Market, for yourself, so you can get out. A wise person once told me when I was younger, "You dislike most in others the things you like least about yourself".
  
  I'm not trying to be too critical, and I agree that changes in the way "Our" government runs need to be made, but the "Sky Is Not Falling", it just feels that way. Lobbyists have played on greed to take control of our government. We need to elect officials that will remove lobbyist access to government officials, period. We need to make illegal, not just unethical, Political Action Committees PAC's, whose name misrepresent what they represent. For instance, C3SR saying that it represents Satellite Radio subscribers when it is funded by the NAB. We all need to take part by writing to, calling when given access, and voting locally for folks that are committed to protecting our industries, borders, environment, and energy needs. Do not let the parties decide for you. They at the extremes, what keeps us divided and powerless. Vote independently for the issues important to you and that serve everyone's best interest. Teach your kids and grandkids to do the same. Preaching "gloom and doom" is useless, as is living in fear of the coming end. It only breeds more of the "get it while you can attitudes" that have gotten us where we are.
  
  I don't really care if we go to Mars. That's not the point. Mankind needs to explore, challenge, create and accomplish as 163888 has already said. We need to think about how to do things that are greater than ourselves and will take longer than our lifetime to do. This is how we will mature as a civilized society.
  
  The energy problem is simply another challenge for us to solve. So pick yourself up and start thinking about ways to start solving them.
  
  
•  
  shure46

  Jul 05 11:03 AM
  yes cos , you will have to forgive my "doom and gloom" scenarios ....I honestly wish it were not true ...unfortunately , it is .......I will not try to convince you , because only time will tell for sure whether I am right , and my forecast is not entirely based on financial status ( I know the lives of many are "getting better" , at least until the next earthquake !!!! ) ........yes , I am also guilty of self-serving attitudes , and "one last bull market " was one ....I am part of the problem ....we all are .........but hoping that the stock market goes up at least one more time is not entirely self serving , and frankly , I hope it is a bull market forever , but I know better ..........I use "going to mars " as my pet peeve prime example of government wasteful spending in today's climate ......ALL pork needs to cease , and fiscal priorities need to get in order NOW .....it is time for our leaders to stop wasting money ......and I suggest local governments stop paying for sports and entertainment with tax dollars , and get back to basics with our money ....Jerry Jones can go to the bank and get a loan like the rest of us if he wants a new football stadium ( about 3 or 4 hundred million dollars from taxpayers was GIVEN to him ) ONE MAN , receiving 400 million tax dollars so he can build a sports complex and charge you 6 bucks for a hot dog and 10 for a beer ......yet , now the municipalities are struggling to balance the budget , they just don't have enough money for some reason !!!!!!! And the world market , you said , " The pendulum will continue to seek equilibrium " ......You are dead on right ....in the global economy "their" economy rises , while ours "falls" until we all meet in the middle ...."They" make 25 cents an hour , "We" make 25 dollars an hour ......we will all meet in the middle at 12.50 an hour one day , so their wages will go up , and ours will go down ........and in a world economy where we continue to send way more dollars overseas than we take in will result in bankruptcy as anyone knows if you spend more than you earn ( and printing money is not "earning" money )....you are going in the hole .......and printing (counterfeiting) money , is a temporary solution that will come back and bite us in the ass one day ( it is nipping now ) ........ I do not wish to depress everyone here , but for the record , my views are not relative to my personal life , I had these views when things were good too , I have had these views all my life , because I have read , and believe , Matthew 24 ...and I see it happening just as predicted .....to the "T" ......so this has NOTHING to do with my personal situation , and I am not bad off at all , just half broke until my stocks go up , but I am not homeless , and i have a job ....so MY life is merely inconvenient right now ....and I can appreciate your optimism , and you may just have to forgive my pessimism , but truly , I will not hold my views to myself when the subject arises , because our leaders tend to minimize problems until it is too late .....keep everyone happy , entertained , drunk , and in La-La- land , so we can be good sheeple and say , " Look at the emperor's new clothes " ........I am the kid yelling , " He's naked !!!!! " ............as far as solutions ????? I have plenty ...it all starts with people being informed it is time to stop having so many kids .....we have got to get this population explosion under control , or you can have cars that get 100 miles per gallon and it will accomplish NOTHING because the population will double , and we are right back to square one ........you think times are rough now ???? Watch when the population reaches 8 , 9 , 10 billion !!!!!!!! You ain't seen nothin' yet ......and I am NOT just talking finances ....you might be loaded with money , but it will not do a bit of good when the bird flu comes a knockin' ..........believe me , I would love to be an optimist , and I am , but my optimism is NOT grounded in man's abilities to solve these problems .....I know exactly who will solve our problems , and it is not any human living on this planet .....guaranteed ........I am not talking money only , but life as we know it in general ........and there will be some better times ahead I hope , but as a whole , and in general , the world is in trouble ....big time ......and until everyone truly understands that , no real solutions will come forth .....just more band-aids like my stimulus check !!!!! Thanks George , for filling my truck up with gas 3 times .......but I really don't feel a lot of stimulation here ole buddy !!!!!!! I am reading the autobiography of Benjamin Franklin , and wow , I wish we could have a man like that in office nowdays ......and I really appreciate the honor and integrity of John McCain's history as a POW ....but I cannot handle any more Bushdom .....we have got to try something different ( in my opinion ) ....one thing interesting about Benjamin Franklin ....He liked to assemble with his friends 2 or 3 times a week to discuss "heavy topics" .......I think he would be a "blogger" if he were alive today !!!!!! hahahahahahhahaha
•  
  shure46

  Jul 05 11:14 AM
  Hmmmm lets see , if SIRI/XM is a threat to terrestial radio , ( just as the iPOD is a threat to satrad ) that , I believe , is the very definition of competition !!!!!!!!!!!!! Geesh , HELLO !!!!! FCC ?????? Anybody home ??????
  
  
  On Jul 04 01:02 AM 163888 wrote:
  
  > You guys are going to love this one:
  >
  > fjallfoss.fcc.gov/prod...
  >
  >
  > Can you believe that the NAB is now saying to the FCC that satellite
  > radio may push them out of the autos altogether. I thought they were
  > just saying they did not compete with satellite radio. SIRI/XMSR,
  > should start to repull old FCC filings where the NAB said they did
  > not compete with satellite. While the NAB last filing maybe true,
  > it shows the FCC that the NAB cant be believed about anything they
  > say anymore. That they say whatever suits them at the time. I mean
  > can they get it right, first it was, to investors they compete with
  > us, then it was they dont compete with us, and now it is finally
  > they may put us out of business. I hope SIRI/XMSR makes sure that
  > they are exposed, while one would think that Tate is not that dumb,
  > why take the chance.
  >
  > Not bad for a company that is suppose to be out of business soon.
  > You people know who I am talking to.
  >
  > killerkaul, remember when I told you, I dont like to say why this
  > will be so big. on a blog, and I will tell you more after a decision
  > is made. Not to long ago on Mike Stathis June 29th atricle, I posted
  > this on June 29, 7:24PM:
  >
  > Seamless82, shut the hell up, until the decision is made. The next
  > thing you will see, is somebody using the 25mhz reason as to why
  > the merger should not go through.
  >
  > That FCC filing was one of the first times I saw that 25 mhz used.
  > Just before that their was another article out about, why the merger
  > should not be approved. It used the 25 mhz reason. and just how much
  > of spectrum that it was. That it was more then all the terrestrial
  > radio spectrum combined. It is also, as I told you one of the many
  > reasons people will be very happy with SIRI in the long run. If this
  > merger gos through many SIRI long investors (I mean 5 to 10 years
  > long) will join me in retirement.
•  
  killerkaul

  Jul 05 12:39 PM
  163888.... Thanks for working overtime on the 4th to keep us informed. As usual the news was complete. Thanks again. Cos1000.... Thanks for the words of encouragement. I sometimes forget that.... where there is hope.... there is a way. We had a Kaul family reunion, an 80 yr. old birthday party celebration for my dad { The original "Killerkaul" .... he was a machine gunner in B-29's WWII }, However the nickname came from his card playing skills in England }, and a baby shower for my youngest brother's wife and their soon to be, first born . Hope your 4th was spent with family and friends.... and that we remembered the men who gave all, for the betterment of {as the great Michael Medved says at the end of his radio show} "this greatest country on God's green earth". See you monday guys.
•  
  cos1000

  Jul 05 06:02 PM
  Killerkaul.....I salute your Dad a and congratulate him on his 80th birthday. Now there is a generation that just did whatever it took. Your dad was in diapers during the depression and traveled a world at war defending his country for his family, friends and because he was told to. I wonder how it was possible for them to think the world would get better. It's amazing how surviving a foxhole or a hard landing can make a hot meal and a bath seem like the lap of luxury. My Dad drove DUKW boats in WWII, he would be 92 this year, my thoughts are with him and all those who served and continue to. Off to my brother-in-laws 25th wedding anniversary celebration. Enjoy......
•  
  163888

  Jul 06 01:57 PM
  First of all what the hell happen to all the post about satellite maniea saying killerkaul misspelled "champaign". That was one of my funniest post yet
  
  
  shure46, Come off it, how young are you. This is by far not even close to the worst economy we have had, it is not even a recession yet for god sake. I got news for you The Europeans have been dealing with 5 and 6 dollar gas since the late 80s. Here is a big reason the market came down. When the Fed said it was going to battle inflation that sent a signal to Wall Street that there was going to be no more Fed cuts of interest rates, and they may increase them. I sware I have seen this and people like you everytime saying the world is coming to an end every recession but this is ridiculous. P.S. The reason the trade defict is so great is the companies manufacturing, is over seas. It is also the reason people cant use the I buy a Toyota and they have factories here and that means they are putting americans to work. It is false because while they do do that, most of the money gos back to Japan and into their economy, samething that happens here.
  
  By the way shure46 you are starting to be unreasonable so this will be my last post in response to you. It is getting to be to much trouble to respond to your apocalyptic Bible revelations sermon. I dont need your manifesto put up. Which then takes a post as long as yours to answer.
  
  
  Killerkaul, do you see what I was saying about giving to much information out. While it was most likely a quintessence. I found it to be interesting that the first time we see this said is a few days after Seamless82 post the 25 mhz comment. All I will say is people, are going to be amazed at the possiblities that are instore for this technology many of which some know but most can not see. Those people that think this is a bad speculative investment dont have a clue. I will say that the NAB saying it would put them out of the auto market, will probably start them on their way to giving them the glasses they need to be able to see, satellite radio for what it will be.
•  
  killerkaul

  Jul 06 08:10 PM
  163888..... I know things have been difficult , and I know how frustrating the delays have been, however, I do not understand how a rationally intelligent person cannot see the cable tv/ satelite radio parallel for the future. I look at the delays as simply a buying oportunity to dollar cost avge. down. An added caveat, is that with every dollar drop of the stocks, there is the added incentive for a cash laden company to buy the companies. This can't, but return an even larger $$$ profit margin. Our downside risk is becoming less and less. Forget about company debt etc. Sat. radio is the future. Nothing can stop that!!! I for one am simply tired of arguing that point. I do not have the free time to waste, or the inclination to argue with persons deficient in insight. I have come to the conclusion that we will simply have to agree to disagree. I feel the time for the merger is upon us, and that time is now. We will soon see what the crystal ball has in store for us. Good luck to all. 888 and cos.... see you monday.
•  
  shure46

  Jul 07 12:57 AM
  If one sentence mentioning Matthew 24 is a "sermon" , then please accept my apologies ....I didn't realize I was not allowed to mention the Bible here ....your right , we should stick to those credible information sources like " wall street online " or " street.com " ........it always amazes me how people get all weird over the Bible , as if it's some kind of Harry Potter book or something .....I made one statement , one sentence ....Matthew 24 says this world is headed for deep crap in the not too distant future ....and that is "sermonizing"... ?????.......geesh .....anyway , no biggy , I understand , and no need to respond to my posts .....just understand that I am not yelling the sky is falling just because the stock market is bearish right now .....as far as economics go , we are in deep crap because we spend far more than we take in as a nation ....that is financial suicide .......where are we going to get money from ????? Print more ?????? China , and Saudi Arabia are wiping their butts with 100 dollar bills ...Pull another mortgage scam ??? They won't fall for that one again .....THAT is the economic problem I see ...........the rest of my," end of the world " , views have nothing to do with money ......for the record , I am 50 .....been around the block a few times ....I am not too worried about this "recession" ( debateable ) ....I am more worried about our policies long term ....we cannot run on credit forever ....no one can ........and anyway , my apologies if I got too "doomsday" for ya ....just my opinions , but based on solid facts
  
  
  On Jul 06 01:57 PM 163888 wrote:
  
  > First of all what the hell happen to all the post about satellite
  > maniea saying killerkaul misspelled "champaign". That was one of
  > my funniest post yet
  >
  >
  > shure46, Come off it, how young are you. This is by far not even
  > close to the worst economy we have had, it is not even a recession
  > yet for god sake. I got news for you The Europeans have been dealing
  > with 5 and 6 dollar gas since the late 80s. Here is a big reason
  > the market came down. When the Fed said it was going to battle inflation
  > that sent a signal to Wall Street that there was going to be no more
  > Fed cuts of interest rates, and they may increase them. I sware I
  > have seen this and people like you everytime saying the world is
  > coming to an end every recession but this is ridiculous. P.S. The
  > reason the trade defict is so great is the companies manufacturing,
  > is over seas. It is also the reason people cant use the I buy a Toyota
  > and they have factories here and that means they are putting americans
  > to work. It is false because while they do do that, most of the money
  > gos back to Japan and into their economy, samething that happens
  > here.
  >
  > By the way shure46 you are starting to be unreasonable so this will
  > be my last post in response to you. It is getting to be to much trouble
  > to respond to your apocalyptic Bible revelations sermon. I dont need
  > your manifesto put up. Which then takes a post as long as yours to
  > answer.
  >
  >
  > Killerkaul, do you see what I was saying about giving to much information
  > out. While it was most likely a quintessence. I found it to be interesting
  > that the first time we see this said is a few days after Seamless82
  > post the 25 mhz comment. All I will say is people, are going to be
  > amazed at the possiblities that are instore for this technology many
  > of which some know but most can not see. Those people that think
  > this is a bad speculative investment dont have a clue. I will say
  > that the NAB saying it would put them out of the auto market, will
  > probably start them on their way to giving them the glasses they
  > need to be able to see, satellite radio for what it will be.
•  
  cos1000

  Jul 07 09:22 AM
  shure46......wasn't Mathew 24 and the Bible written a long time ago. If the world ends now you would credit that prediction made way back then. Isn't that like predicting that someday we're all going to die. Just wondering, no need for response.
  
  Please save space on this blog by not cutting and pasting other's posts after your own. It's very annoying, at least to me. OK, I'm a bit grumpy today.
•  
  killerkaul

  Jul 07 09:38 AM
  morning cos..... hope you had a good weekend. Not much news on the merger today.
•  
  shure46

  Jul 07 03:45 PM
  cos1000........ ya your right , I know copy paste makes a long post .....and I agree , it does get too lengthy ........I will refrain from that ........yes the Bible was written long ago , which makes it more amazing at it's accuracy ........and NO , it is NOT like simply predicting " someday we're all gonna die " .....It is more like predicting " the literal city of Babylon will NEVER be built , or inhabited again , EVER " .........That's in Ezekiel I think ....and guess what ???? still true after 2500 years .......Sadaam Hussien , had plans to rebuild Babylon ( ancient Babylon is in Iraq ) IF He would have succeeded , he would have single handedly discredited the entire Bible .......look what happened to him ........Let's see Jim Cramer do that !!!!!!! haha ha hahaha ha ahahhahaha ........and no big deal if yer feelin' grumpy , I am pissed too ......at the entire incompetance and " do nothing until it is too late " attitude of our government .......we should be drilling for oil on capitol hill for all I care !!!! Just do something now !!!!! Quit debating ad infinitum !!!!!! and enough with this FCC madness ......I am getting very close to a margin call , which I can handle , but it will drain my stash dry !!!!!! Believe me , I am not feeling too chipper right now either ........at least Siri seems to be holding at 1.90 ( as I type ) , but Xm has tanked a bit today as I am sure you well know ......which may be great for buyers , but I am now a holder and ready for some upside