Do you think Sirius will get a bail out?
 

Looks like Sirius is going to be in line next for a government bail out now that their stock is worth .17 cents a share. Honestly XM really wasn't in that bad of shape compared to Sirius before the merger / hostile takeover. 500 Million dollars well spent Mel. At least O&A will still have their Krock gig.

Are you honestly that naive to think that the $500 million spent on Stern is the cause of the current stock price, or the cause of the current financial problems?

Yes. I sure do.

May I please have a glass of that Mr. Jones? It sure is hot here in South Africa.

It seems odd to me that Sirius could be in financial trouble. All the people that have Sirius at $12.something a month. That's a lot of money. Makes ya wonder where it's going, if they are in a financial bind.

XM had a lot of debt that is coming due, and hardware sales are down.

Ahh. Well, that makes more sense now.
And some of their radios are higher than a kite. :lol:

A lot of people are waiting to purchase new radios until the new company figures out what to do regarding the compatibility of the two former companies' technologies. Couple that with $400 million worth of XM debt that is coming due, and you've got a volatile situation on your hands.

Only an idiot would think that the current financial situation of Sirius was caused by Howard Stern. Of course, if you're drinking the O&A Kool Aid.....

So only an idiot would think Howard is the reason why Sirius/XM is tanking? Would a person be an idiot for thinking Howard was cause the huge market decline in the terrestrial radio market?


So part of the problem is XM's $400 million dollars of debt when Sirius pays Hoo Hoo $100 million a year.