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To: appleharvey
If the contract that Stern inked with Sirius is even close to being accurate, can someone explain to me how they can possibly turn a profit even in the long run?

Siris was way behind XM and losing ground before they hired Stern. Stern helped turned Sirius around and now is surpassing XM in subscriber growth. Sirius was headed towards penny stockland without Stern. It takes about an extra 650K subs pay for Howard's contract. Has Howard alone counted towards 650K extra subs? Probably not quite, but he has made Sirius a serious competitor.

57 posted on 02/17/2006 5:44:43 AM PST by Always Right
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To: Always Right
Well, looks like Sirius has just reported a loss of a little less than half of what XM did ($311 Million 4Q05) About 50 million more than the year before.

http://www.freerepublic.com/focus/f-news/1580422

Loss of 23 cents per share.

60 posted on 02/17/2006 6:33:53 AM PST by LegendHasIt
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To: Always Right

"Sirius was headed towards penny stockland without Stern"

Actually once past the initial spurt of activity about him when it was announced in 2004, it's been heading in that direction again. He started broadcasting with them Jan 1

http://finance.yahoo.com/q/bc?s=SIRI&t=3m&l=on&z=m&q=l&c=


67 posted on 02/17/2006 8:46:58 AM PST by RS ("I took the drugs because I liked them and I found excuses to take them, so I'm not weaseling.")
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