April 28, 2005

Sirius Subscribers Have Less Value

Thursday, April 28, 2005 at 9:32 PM

jim-cramer.gifOUCH! In a harsh article, stock market guru Jim Cramer slams SIRIUS by not just comparing them to XM (which he actually has some positive words). But by saying that because of the "finite nature to satellite radio" the subscribers of Sirius aren't worth as much as say, Comcast.

In a round about sort of way, Cramer pretty much places doubt in the success of satellite radio, and puts his bet on XM.

SIRIUS Announces first quarter 2005 results

Thursday, April 28, 2005 at 9:41 AM

SIRIUS Satellite Radio today reported the results for Q1 2005.

SIRIUS now has 1,448,695 subscribers, recording net additions of 305,437 subscribers for the first quarter of 2005, this compared to 90,602 net additions in Q1 of 2004 shows an increase of 237% from last year's Q1 results.

Still this is 235,703 less subscribers when compared to XM's 541,140 net subscriber additions for Q105, but definitely shows sustained growth.

SIRIUS sees this as a positive trend, and now expects to have over 2.7 million subscribers at year-end, up from the previous guidance of over 2.5 million.

April 25, 2005

A Sirius investment?

Monday, April 25, 2005 at 10:55 AM

Q: Is Sirius Satellite Radio (SIRI) a buy, sell or hold?

USA Today answers the question.

April 20, 2005

Sirius Satellite CEO gets $14 mln in restricted stock for 2004

Wednesday, April 20, 2005 at 11:32 PM

Sirius CEO Mel Karmazin (aka, "The Karm") received restricted stock awards valued at $14.2 million for 2004, according to a proxy filed with the SEC. In November, Sirus will pay The Karm a whoppin' $1.25 million annual base salary.

Joe Clayton on the otherhand, received restricted stock awards valued at a measly $2.36 million, with a $600,000 salary, a $600,000 bonus, $89,998 in other benefits and a grant of 2.75 million stock options for 2004.

sheeeeit!

[Linkage]

April 19, 2005

Sirius Q1 2005 Conference Call

Tuesday, April 19, 2005 at 9:39 AM

Sirius Satellite Radio will release their Q1 2005 financial and operating results and will hold a conference call at on April 28 at 8:00am EST. You can listen to the conference call online, or on SIRIUS Channel 131.

'Tis the season for conference calls.

April 12, 2005

Sirius wins Fool.com's Stock Madness 2005

Tuesday, April 12, 2005 at 10:44 AM

SIRIUS Satellite Radio - Stock Madness 2005 ChampionsSIRI won Fool.com's Stock Madness 2005 challenge beating out Netflix 969 to 746 Votes.

The guys over at Hacking Netflix are now licking their wounds. :)

April 11, 2005

Nothing new from SunTrust Robinson Humphrey Investor Conference

Monday, April 11, 2005 at 1:09 PM

Nothing new really was said at the SunTrust Investor Conf, but you can listen to the webcasts online.

Here's a link to the Sirius webcast.

Here's a link to the XM webcast.

April 9, 2005

Stock Madness 2005: Netflix vs. Sirius

Saturday, April 9, 2005 at 8:46 AM

Motley Fool has been doing this Stock Madness 2005 competition for a while, and every time SIRI has been just squeezing through, to make it to the finals: Netflix vs. Sirius. As Tim Beyers said, "One is an outrageously overvalued satellite radio company. And the other is a movie rental business in decline."

So who's gonna win? Well, cast your vote here and find out (registration req'd).


(On a side note, this is a sorta humorous topic as a blogger-in-crime and myself both run top blogs on these same subjects. He's on the Netflix side, and as we all know, NFLX is gonna looooooose!) :)

SIRI Stock News: April 2005 (8)