Good sirius article

bigrock · 04-02-2003, 01:38 PM

http://www.lasvegasmercury.com/2003/.../20863003.html

TulaneJeff · 04-02-2003, 02:59 PM

Very good article Bigrock. Clearly written by someone who 'gets it'.

Jeff

BuggyBoyVT · 04-02-2003, 07:45 PM

It was a good written article, only one thing that I saw that should not have been there. He said that the talk channels were commercial-free, and I think it would be a disappointment to someone that listened to talk alot to find out that it did in fact have commercials on most talk/entertainment channels.

The reviews are certainly getting better for Sirius.

I just wish that he wouldn't have said anything about a possible bankruptcy, since we all know that there is almost no chance of that now.

keitht · 04-03-2003, 08:49 AM

Buggy: That is incorrect. Sirius has enough cash to last one year. Bankruptcy is still a possibility. The article was pretty accurate about this.

BuggyBoyVT · 04-03-2003, 09:26 PM

Well, there is a possiblity.. but it is highly unlikely.

They only need less than $80 million to hit cash flow breakeven, and i'm sure they can raise that in about 15 months! Certainly if they can raise over $200 million during a period where they were recapitalizing the company!