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Sirius XM Holdings Inc. Message Board

  • wwzg@sbcglobal.net wwzg Mar 23, 2008 11:19 PM Flag

    Dead money !! 2.25 to 2.50 soon / Huge loses/ Huge Debt " Warning " >>

     

    The debt has gone up every year even with pushing in all the shares to dilute the market.

    The net loss for SIRI was $1 million in 1997.
    The net loss for SIRI was $12 million in 1998.
    The net loss for SIRI was $39 million in 1999.
    The net loss for SIRI was $198 million in 2000.
    The net loss for SIRI was $317 million in 2001.
    The net loss for SIRI was $519 million in 2002.
    The net loss for SIRI was $592 million in 2003.
    The net loss for SIRI was $638 million in 2004.
    The net loss for SIRI was $662 million in 2005.
    The net loss for SIRI was $704 million in 2006
    The net loss for SIRI was $775 million in 2007
    The net loss for SIRI est.$814 million in 2008


    They already said they wouldn't make there targets and will have to dilute more shares to pay the bill's,and the cover there 1.3 billion in debt . They will have to dilute more than 3/4 of a billion shares to cover their bill. Dang in the last 14 months they added well over 700, million share I think .

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SIRI
3.445-0.015(-0.43%)2:00 PMEDT

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