Search:  

 
 
   All ForumsHot TopicsGallery






how-to block ads


 
Forums » Analysts Say XM / Sirius Merger is “Imminent”
Search Topic:
view: topics flat text 
Post a:

Comments on news posted 2007-12-01 10:20:50: XM and Sirius stocks went up yesterday after a prediction by an analyst that the DOJ will approve their merger in the immediate future. Robert Peck says that he has Washington D.C. ..

page: 1 · 2 · 3 · 4 · 5
AuthorAll Replies


ztmike
Mark for moderation
Premium
join:2001-08-02
Michigan City, IN
·Comcast

um

As far as i know both companies are doing good, why would 1 die and the other not?

Please..

You can bet your ass, if this merger takes place you will see: higher prices, higher price of radios/ more ads/ and god only knows whats going to happen to the free XM stream AOL Radio has.
--
"I am the worst president in U.S history, I'm either stupid or dumb most of the time, but people still believe me." George W. Bush


texans20
Weapons of Masturbation
Premium
join:2002-09-28
Texas!
clubs:

Not an expert

I don't know much about investing, but isn't it somewhat illegal or unethical for these type of predictions? I mean, what if the analyst had information that the merger would be denied, but he decided to use his position for personal gain? What if the analyst is full of shit and knows nothing either way? What's to stop the analyst from investing, or notifying close friends/family to invest, right before his announcement to make a lot of money.
--
The true patriot is motivated by a sense of responsibility, and out of self interest -- for himself, his family, and the future of his country -- to resist government abuse of power. He rejects the notion that patriotism means obedience to the state.

Mattinee

join:2007-10-24
Hilliard, OH


2 edits
Stern on Both!

that would be nice...

they do have to make it better for the consumer, i hope thats not done by more "product" but instead by cheaper rates

it will most likely be tiered services, so ill most likely pay more for Stern....


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

reply to ztmike
Re: um

said by ztmike See Profile :

As far as i know both companies are doing good, why would 1 die and the other not?
Neither is doing well.

XM has never made a profit:
»finance.yahoo.com/q/is?s=XMSR&annual

and neither has Sirius, which is losing more every year than XM:
»finance.yahoo.com/q/is?s=SIRI&annual
--
Internet News
My BLOG
My Web Page


cbrigante2
Cubs 20??
Premium
join:2002-11-22
North Aurora, IL

said by TKJunkMail See Profile :

said by ztmike See Profile :

As far as i know both companies are doing good, why would 1 die and the other not?
Neither is doing well.

XM has never made a profit:
»finance.yahoo.com/q/is?s=XMSR&annual

and neither has Sirius, which is losing more every year than XM:
»finance.yahoo.com/q/is?s=SIRI&annual
I'm no financial genius, but how does combining two no profit companies into one magically make them any profit? I would agree that higher prices would be coming next.


RockyBB
Premium
join:2005-01-31
Longmont, CO

reply to texans20
Re: Not an expert

said by texans20 See Profile :

I don't know much about investing, ... What's to stop the analyst from investing, or notifying close friends/family to invest, right before his announcement to make a lot of money.
that is why Martha Stewart went to jail...to alert others that the Feds are watching.
--
"Teleblend has an agreement with the Assignee to solicit and support former SunRocket customers."


Jeffrey
too dark too early
Premium
join:2002-12-24
Dix Hills,NY
clubs:
·Optimum Online
·Verizon FIOS
·Vonage
·magicjack.com


1 edit
reply to cbrigante2
Re: um

said by cbrigante2 See Profile :

I'm no financial genius, but how does combining two no profit companies into one magically make them any profit? I would agree that higher prices would be coming next.
For one, they wouldn't have to spend millions of advertisement dollars competing against each other. Also, the collective assets of both companies would be joined. I think those two ideas are part of the equation.
--
And so castles made of sand, slip into the sea, eventually.

I'm the Dude. So that's what you call me. You know, that or, uh, His Dudeness, or uh, Duder, or El Duderino if you're not into the whole brevity thing.

CMoore2004
Premium
join:2003-02-06
Jonesville, MI

reply to RockyBB
Re: Not an expert

Which I think is ridiculous. If you know a stock's going to rise, you should buy. If you're standing on the train tracks and the train is coming, you should get off the tracks. Unless, of course, someone with inside information told you the train was coming.
--
Charter 5M | Windows XP MCE SP2 | Mobile AMD Athlon 64 4000+ | 1.5GB RAM | ATI Mobile Radeon X600 128MB | 120GB HDD


RockyBB
Premium
join:2005-01-31
Longmont, CO

it's not legal to do it before the public announcement, which was texans20's question. after the public announcement everything is fair game.
--
"Teleblend has an agreement with the Assignee to solicit and support former SunRocket customers."


n2jtx

join:2001-01-13
Glen Head, NY
·Optimum Online

License Agreement

I am still curious as to how they manage to ignore the agreement they made when they got their FCC licenses that neither one would acquire the other. I guess such agreements are worth about as much as any other agreements they will make in the future. BOHICA.
--
I support the right to keep and arm bears.

dsl15

join:2004-02-08
Columbia, SC

reply to RockyBB
Re: Not an expert

This is not illegal. Analyst can say anything they want. They are just a bunch of nobodies with opinions, which is given out to the public for free on TV and radio stations. What Martha Stewart did was insider trading, and was then found guilty of lying.


RockyBB
Premium
join:2005-01-31
Longmont, CO

Hey dsl15! Read the original question! He said
"what if the analyst had information that the merger would be denied."
That is insider information; it doesn't matter if the info was from the company or from the regulators -- if it's not public information, then it's insider information.
--
"Teleblend has an agreement with the Assignee to solicit and support former SunRocket customers."


DotMac4
Shill H8r
Premium
join:2007-10-26
Huntington Beach, CA
reply to cbrigante2
Re: um

Because you wouldn't have to have 2 of everything. You have all those customers with one of everything.


DotMac4
Shill H8r
Premium
join:2007-10-26
Huntington Beach, CA

1 edit
reply to RockyBB
Re: Not an expert

The inverse of typical Hollywood Justice.


DotMac4
Shill H8r
Premium
join:2007-10-26
Huntington Beach, CA
reply to Mattinee
Re: Stern on Both!

It would be nice to have Stern and MLB without having to have 2 radios and paying two subscriptions.

According to Mel and what may end up being a merger condition, we would also be offered a la carte pricing for some channels.


DotMac4
Shill H8r
Premium
join:2007-10-26
Huntington Beach, CA
reply to n2jtx
Re: License Agreement

Companies ignore agreements all the time. Government changes its mind like it changes its socks.


N3OGH
Bear patrol must be working like a charm
Premium
join:2003-11-11
Philly burbs
·Verizon FIOS
·Verizon Online DSL


1 edit
The merged company will suck, and I will miss XM

Regardless of what they call the merged company, you can be sure Karmazen will ruin it, just like he ruined terrestrial radio.

I like XM the way it is. I like that on the decades channels I'm not always hearing a top 40 tune. I did not like what I heard when I tried the free trial of Sirius on line.

The big wigs will tell you that the merger is needed for both companies to survive, that it will bring more choice to the consumer, programming won't change, and prices will go down. I say bull.

1: The only way tiered programming will be implemented is with new radios. Current technology does not support a la cart or tiered servicing. You might be able to get the $6.95 tier Mel's promising with a new radio. That new radio will be more expensive due to a lack of competition AND, you can bet Karmazen will pack that entry level tier FULL of advertising.

2: The "synergies" the executives at these companies talk about are YEARS away at best, non existent at the worst. Both companies have committed to keep 2 constellations of satellites in orbit for at least the next 10 years. That means little or no cost savings on that end of the infrastructure.

3: Proponents of the merger argue that the cost of content will go down since the merged company will have to pay less. Guess what, both companies are paying content providers (including folks like the recording industry, MLB, NHL, NFL, and Nascar) based on the number of people listening. You can bet the farm that if the merged company tries to cross platform content (eg, put MLB on Sirius) they're going to either void that contract, or force it into re negotiation for more money. When it comes to content in broadcasting THERE IS NO FREE LUNCH PEOPLE. No cost savings here..

The only people who win with a merged company are the stockholders and the suits.

I have no sympathy for the stock holders. Should have bagged out of this one long ago. By all rights, both of these companies should be left to go into bankruptcy separately, and then be acquired by folks with at least a shred of business acumen. It's clear the folks running both companies don't know how to read a damn balance sheet and figure out that if you keep spending money hand over fist, you're never going to turn a profit.

The suits, well they're doing what they do best. Just another example of the Gordon Gekko shuffle. Make a killing on the acquisition and merger, stick around a month or two, and then blow the whole thing out with a big sack of Benjamins.

Feel free to disagree with me, but 1 or 2 years from now when the merged company, whatever they call it, is charging the consumer more for service and equipment, and offering less by way of innovation and programming, I'll link to my post and say "see I told you so".

Oh, in case you didn't notice, I think the whole idea of the merger sucks

edit for typo
--
Petty people are disproportionably corrupted by petty power…


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

reply to n2jtx
Re: License Agreement

said by n2jtx See Profile :

I am still curious as to how they manage to ignore the agreement they made when they got their FCC licenses that neither one would acquire the other. I guess such agreements are worth about as much as any other agreements they will make in the future. BOHICA.
They made the agreement with the FCC. And the FCC can decide to let them out of that agreement. The FCC did NOT make the agreement with the American people - only with the 2 companies involved.
--
Internet News
My BLOG
My Web Page

vasta

join:2003-04-07
Orlando, FL
reply to N3OGH
Re: The merged company will suck, and I will miss XM

does Sirius spend $91,000,000 a month? ($13x~7mill)

dsl15

join:2004-02-08
Columbia, SC

1 edit
reply to RockyBB
Re: Not an expert

You are correct my friend.

It would be unwise for any analyst to comment on any company that he/she has insider information for.
Forums » Analysts Say XM / Sirius Merger is “Imminent”page: 1 · 2 · 3 · 4 · 5


Thursday, 03-Dec 05:14:17 Terms of Use | Privacy Policy | Hosting by www.nac.net - DSL,Hosting & Co-lo | feedback | contact
over 10 years online! © 1999-2009 dslreports.com.
page compression OFF