on the Wires today, i read how the FCC made the comment in allowing Malone's Take over.. that it .."..didnt feel it was a threat to Competitors"
This was addressing concerns i posted about for the last Month.
.. However, as some have pointed out to me, feeling the FCC wouldnt allow something that could turn into a Monopoly Issue, i reminded them of one fact from years earlier..
The FCC allowed AT&T to take over all the MA-Bells, and Baby Bells Phone companies in each state. .. Within 5 years, Sprint and MCI Won their Monopoly Case against AT&T,
and AT&T didnt fare well. .. (1982)
I just dont see how any new company coming into this Market w/i the next few years,
wouldnt be threatened.
But that's just me, and if you like SIRI's Chances with Malone.. Fine.
Personally, i feel that Malone is more loyal to his Current Investors, (which is how it should be).. and Siri Investors will only be his Step Child, no love lost.
Best to All... Good morning, Team.
As soon as FCC approved Sirius and XM Radio merger it was going to be a monopoly with no other Satelite competitors, they knew that when they approved it couple years ago. Only issue is what will greedy malone do with SIRI. Will greedy malone abuse the monopoly SIRI has? That is a question to be answered in the future.
Happy New Year my good Friend! ... Hope you are Happy and Well.. good to See you here.. i dont get on the PC as much as i would like.. I am hanging in there the best i am able.
Siri Longs = the good old 'Golden EGGS' ..!
( & did u mean to post that 'Sentiment' ?)
That wouldnt factor when Malone can now do anything with the company. He can cut it up.. he can RMT, He can R/S.. he could sell it. The ONE thing i am banking on however; is that he wanted this company for more than Beating MEL in negotiations.. and his POINT would be that ....SIRI is the GOLDEN GOOSE!
He has Fiduciary Responsibility to SIRI Investors yes..But there are many Loopholes he could take advantage of.. which are mentioned above.
(btw) I am buying more now.
Good morning Sky.......... Im hoping since we will soon be Malones share holders that he will treat us well..... we are 60% of Liberty..... anyway, you know how I feel about this..... if I didnt feel this way about it, Id be selling now.... I think Malone sees more money to be made with SIRI.... car sales are expected to be big this year.... many Liberty shareholders are also SIRI shareholders.... But most definitely you make some good points and these are things we should all consider. Thank you, as usual you are looking out for all of us......
Im suppose to be doing school work... LOL... having a hard time getting into it... :)
Sentiment: Strong Buy
You are an Inspiration.. going back to College! MBA ..soon!
TY Sweed, and i always take your advice on the Trades and Business of SIRI.
Your Success is what makes you so credible.
I am holding Siri for a While Still. Not sure if i believe Malone's take on the Company. .His first Impressions are Always so 'SLY'
I do believe Malone will 'allow' Siri to reach $3.50's within the next 55 days.
Then, i do believe he will hope Longs w/ the lions shares.. Sell. So that his Liberty Investors are provided with the 'New Technology' he will promise them.
Looking forward to seeing how THAT turns out..
(Winks) , Sky