3SOF

Press Release Source: Sirius Satellite Radio


National Council of Women's Organizations Calls on the Federal Communications Commission to Approve the Merger of Sirius Satellite Radio and XM Radio
Thursday June 21, 11:28 am ET 
'Satellite radio today is a mere 3.4 percent of the overall radio market -- a market dominated by men. A more affordable satellite radio market would be valuable not only to our members, but also to women across the U.S.,' Susan Scanlan, Chair NCWO.


WASHINGTON, June 21 /PRNewswire-FirstCall/ -- The National Council of Women's Organizations (NCWO), a coalition of over 200 women's organizations and representing over 11 million diverse and talented American women, today called on the Federal Communications Commission (FCC) to approve the proposed merger of XM Radio (Nasdaq: XMSR - News) and Sirius Satellite Radio (Nasdaq: SIRI - News).


"Today, satellite radio is a mere 3.4 percent of the overall radio market -- a market dominated by men. A stronger satellite offering can increase the audience for satellite radio," said Susan Scanlan, NCWO Chair. "A more affordable and more diverse satellite radio market would be valuable not only to our members, but also to women across the United States."

Satellite radio is home to a number of influential women. From Judith Warner to Candace Bushnell to broadcasting legends Barbara Walters and Oprah Winfrey, satellite radio offers women a unique perspective absent on everyday commercial radio and previously only accessible on television. With expanded choices and lower prices, satellite radio will develop into an even more attractive option for women nationwide.

"Expanding the audience and diversity of satellite radio programming would give women a better opportunity to access new sources of entertainment and enlightenment," added Scanlan. "Diversity in programming is a critical component of this merger, and should not be overlooked by members of the FCC Board as they begin their review process."

The NCWO joins several prominent and diverse national organizations such as the National Black Chamber of Commerce, Hispanic Federation, Latino Coalition, the League of Rural Voters, Women Impacting Public Policy, League of United Latin American Citizens (LULAC) and Women Involved in Farm Economics, among others in supporting the efforts of satellite radio to bring greater competition, lower prices and diverse programming to American consumers.

The National Council of Women's Organizations (NCWO) is a nonpartisan, nonprofit coalition of more than 200 women's organizations across the nation collectively representing over eleven million women. For years, NCWO has convened the leadership of major women's organizations dedicated to focusing on national issues and public policy agendas affecting women.

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Source: Sirius Satellite Radio

The entry point seems to be a good one.......

52wk Range: 2.66 - 4.43
Volume: 46,654,672
Avg Vol (3m): 29,834,900

Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
5.98%above 13-day MA
2.89%above 50-day MA
RS Rating: 15 

Fundamentals
Key Data:
Market Cap (M): $4,269.55 
P/E Ratio: NA 
PEG Ratio: -0.485916 
Next Earnings: 08/07/2007
Last Analyst Rating: Outperform

SIRI is showing some nice candles formation here, looks good for a quick 15% to 20% profit.

Going for the ride....

Quote from: setravis on June 17, 2007, 01:17:27 PM
I think this is a very good entry point for SIRI.......

Chart, Good long term play.
Base is formed and a lot of upside potential.......
As satellite radio becomes more mainstream it will become a standard option. If the merger with XM goes through practically every car sold will have satellite radio.
Merger Targeted for December.

52wk Range: 2.66 - 4.37
Volume: 38,573,983
Avg Vol (3m): 30,448,200

Technicals
Most Actives

Last Price Quote is:
3.17%above 13-day MA
4.90%above 50-day MA
RS Rating: 60 

Fundamentals
Key Data:
Market Cap (M): $4,561.99 
P/E Ratio: NA 
PEG Ratio: -0.535211 
Next Earnings: 08/07/2007
Last Analyst Rating: Buy
• SIRIUS Satellite Radio to Announce 2Q 2007 Financial and Operating Results on July 31

Speculation.......
I believe SIRI has a huge upside potential with only a minimal downside. Their customer base is getting bigger, and if the deal with XM goes through, which it will, this will be nice to have.
With the former FCC Chairman on board for the merger, along with many consumer groups, it's not likely that it won't go through. Although, still speculative as an investment, it seems both companies are proceeding without hedging their bets. A combined satelite receiver that can decode both XM & SIRI signals is what the public is wanting without having to choose Beta vs. VHS. Then, consolidation of overhead + expanded content/choice will make this a long term winner in the publics mind. Strap in for the ride....

52wk Range: 2.66 - 4.37
Volume: 63,506,612
Avg Vol (3m): 31,656,600

Technicals
Most Actives

Last Price Quote is:
7.54%above 13-day MA
6.87%above 50-day MA
RS Rating: 89 

Fundamentals
Key Data:
Market Cap (M): $4,341.77 
P/E Ratio: NA 
PEG Ratio: -0.477707 
Next Earnings: 11/07/2007
Last Analyst Rating: Buy

Hi Setravis

I agree with you, from a pure technical point of view, SIRI is drawing a very nice technical setup right now. Here’s my TA:

Brief Technical Analysis on SIRI:

Just to get the Big Picture lets look at the long term chart:



From this chart we can see that SIRI works great with the key technical references, after breaking to the downside its ascending support back in 2005, SIRI started a major down trend. In 2006 SIRI had a solid support @ $3.67 and in early 2007 after breaking that support to the downside SIRI had another free fall. These little notes are just to see how SIRI works with the main technical lines, now looking into a short term chart:



In this chart we can see the main support for 2007 which is @ $2.71, and the way SIRI has been reacting in that zone since April. A few days ago SIRI had a breakout to the upside of its EMA-50 and in the next two sessions had another breakout, this time the breakout of a main reference: the Long Term Descending Resistance Line. The reaction was strong, with a big volume increase and a big pop to the upside.
Today’s candlestick left a big upper shadow, which usually is not a good sign for the short term… But despite from that the overall technical outlook for this stock is very attractive right now, the stock may experience a throwback to the breakout zone ($3.00) for consolidation, but the upside potential overtakes the downside risk.

Key technical values:
3.00 – Support (breakout level)
2.95 – EMA-50
2.71 – Support
3.28 – EMA-200
3.67 – First big resistance level
5.81 - The Upside potential in case 3.67 is crossed and consolidated.

Personal thoughts:
-   SIRI had a breakout of an important technical reference; it may have to consolidate this breakout before having the fuel for a bigger move, Long term chart is still bearish but SIRI may be preparing a strong reversal setup to change that.

Best regards,

Great looking work you have there Rams !
I appreciate you jumping in there and giving your Analysis...
Your thoughts are always welcome with any stock that I may be talking about !
I would like to see your comments more often...

Nice view Rams - have to say that close below the $3.25  with that big ole tale would make me sit untill it broke $ 3.25 .
   Kinda interesting though / what really is making this stock move , they dont really make any money. A merger would prob. not make any money , why would politics be against a merger in companies that dont really make money? And as folks here pointed out unheard of politics  .  Hummm  my total wacky theory is that Apple will buy them out, yep no proof , no real reason xcept , if i  were running apple i would do it, why you say , i duhhno ,  I would say they would eventually dominate the music download industry  if they bought out one entity , but if two were around they would have a harder time ( just trying to get an idea of what would make political entities get into satellite  radio).  What do yall think ?

Thanks guys.

Today SIRI was back on the move after holding up quite well the previous two trading sessions while the general markets was down and quite pessimistic. I was expecting to watch SIRI sell off a bit more, so that shows some relative strength so far. Today's close was also above the EMA-200.

Here's an updated chart:

Here's an updated chart, showing another positive session for SIRI, today with higher volume, but the candle was not so strong (closed a bit far from the highs of the day). The 3.67 level is the only resistance nearby.

Update:

Just a «little» follow up comment on this analysis:
SIRI is now testing the 3.67 resistance level mentioned in the previous analysis; this is an important resistance level that if broken to the upside could mean further upside on a different scale.
Since the last update, SIRI was consolidating inside a triangular pattern, which is good in terms of sustainability of the up trend (yesterday it broke out this pattern, which is good in terms of momentum expansion).

I'm quite curious right now about this test on the 3.67 reference level

Here's an updated chart:

Regards,

AP
Market Spotlight: Satellite Radio
Friday October 19, 2:15 pm ET
By Jeremy Herron, AP Business Writer 
Sirius, XM Shares Likely to Bounce Around Ahead of Deal Decision, 3rd-Quarter Results


NEW YORK (AP) -- Investors in satellite radio are accustomed to wild fluctuations, but the next few weeks promise to deliver even sharper movements, as regulators decide whether Sirius Satellite Radio Inc. can buy XM Satellite Radio Holdings Inc.


The companies will also report third-quarter results, putting the viability of their operations back in focus, at least temporarily. That comes at a time when recent data show retail sales of satellite radios slowing sharply.

Analysts are mixed on the implications of that development. In the short-term, it likely means lower subscriber numbers than the companies have forecast, but Stifel analyst Kit Spring thinks the increasing availability of the radios in new cars is probably making retail channels less important.

"It is our thesis that satellite radio will be successful because of high penetration into vehicles," he wrote in a note to investors last month. Recently, Chrysler said it would install Sirius radios in 70 percent of its 2008 models, for example. All major car makers have a deal with one of the two satellite radio operators.

XM finished the second quarter with 8.25 million subscribers, while Sirius had just over 7 million, but Sirius has been growing at a faster pace for seven straight quarters.

The terms of the deal stipulate Sirius will pay 4.6 shares for each XM share, which provided a 22 percent premium when the deal was announced. Based on the stocks' closing prices Wednesday, Sirius is offering a premium of 8 percent.

Analysts say a combination would make financial sense and could save an enormous amount of operating costs, but any estimates must be considered very speculative. There remain many questions related to equipment, one problem being that Sirius radios currently cannot tune XM signals and vice versa.

Beyond that, the deal faces high regulatory hurdles, not least because of a Federal Communications Commission provision that specifically forbids the two companies to combine. The FCC does have the authority to waive that stipulation. Along with the FCC, the Department of Justice has to review the deal on antitrust grounds.

In September, XM and Sirius announced they had provided all information requested by the Justice Department. That led to widespread speculation that the DOJ would approve the deal, although the regulator gave no indications that would lead to that conclusion.

Still, numerous analysts have said the deal has a better than 50 percent chance of going through.

"We expect DOJ approval and a split FCC decision in favor," Cowen analyst Tom Watts said recently. He expects a ruling in the next three to six weeks from the Justice Department. In any event, he said, the stocks are good bets because, either together or apart, Sirius and XM will post subscriber and revenue gains.

Updated view.......
New Supporters of SIRIUS/XM Merger Urge FCC Approval...

CNBC
interviews Karmazan...he is very positive on the company and its subscriber growth by year end...



52wk Range: 2.66 - 4.37
Volume: 43,852,440
Avg Vol (3m): 36,450,000
Market Cap: 5.19B

Technicals
Close Below the 13-day MA
Most Actives

Last Price Quote is:
-0.28%below 13-day MA
6.46%above 50-day MA
RS Rating: 90 

Fundamentals
Earnings Expected on Oct 30

Key Data:
Market Cap (M): $5,189.66 
P/E Ratio: NA 
PEG Ratio: -0.56051 
Next Earnings: 10/30/2007
Last Analyst Rating: Over-weight

XM/Sirius Merger: The FCC Gets Down To Business.......

When the Federal Communications Commission comes a knockin' there's usually a pretty good reason. And XM Satellite Radio Holdings and its rival Sirius Satellite Radio are hoping that the questionnaires the FCC sent last week seeking detailed information pertaining to the merger as well as business operations over the last two years are the final steps leading up to a merger approval.

Investors seem to think the inquiry is a positive one. Sirius' shares shot up 3.6%, or 12 cents, to $3.47 on Tuesday afternoon, while XM's shares soared 8.7%, or $1.15, to $14.42.

Bear Stearns analyst Robert Peck said the requests were extremely detailed and structured around four topics including corporate documents and agreements, studies and analyses, technical questions, and claimed public interest benefits. The FCC also devoted a whole section to requests for information on interoperable radios, which would allow programming for both services to run on satellite radios. The FCC asked both companies to respond to the requests by November 16.

Given the specificity of the questions, Peck said, he wouldn't be surprised if the FCC was close to finalizing its order on the merger. Given the tight deadline the companies have to respond and the fact that the FCC still plans to make its decision by the end of the 180-day period, which ends on December 6, Peck thinks the FCC's urgency is a positive sign. "The Department of Justice likely is close to allowing the deal, which would necessitate the FCC to expeditiously complete the documentation process," Peck said. "If the Department of Justice were close to denying the deal, the need for such detailed information would not have arisen in the first place."

Peck recently announced his revised synergy estimate on the value of the two companies once they merged at $5 billion, implying Sirius (nasdaq: SIRI - news - people ) could be worth about $5.50 per share and XM (nasdaq: XMSR - news - people ) could be worth $23.50 per share in fiscal year 2008.

Meanwhile, on October 25, XM's tumbled after the company announced that its third-quarter loss jumped 70.1% to $145.4 million, or 47 cents per share, from $85.5 million, or 32 cents per share, a year ago.

The widening loss at XM, which has never had a profitable year, makes a successful outcome of its proposed merger with Sirius even more important. (See " XM Sinks Further Into The Red") The companies are hoping their combination will boost profitability with big cost savings. (See " XM and Sirius: When Satellites Collide").

The FCC and Department of Justice are reviewing the merger request to deem whether it's legal under antitrust regulations. Shareholders of both XM and Sirius are slated to vote on the proposed roughly 50-50 ownership on November 13. If approved, the union would not be sealed until the Justice Department and the FCC sign the dotted line.

-----------------------------------------------------------------------------------------------------------

Moon's Gravity taking over.... Satellite radio is to radio as cable was revolutionary to television. The last four quarters have showed a positive earnings report of +10% or better compared to the estimates. All those Democrat congressmen endorsing the merger is all anyone should need to decide whether or not to get on-board.
Moving up out of the oversold area.
Indicators have turned north.
We personally wouldn't watch 500 channels, but we each watch a different set of 15 stations. It just takes 500 channels to keep us all happy. And with HD radio on the horizon, we'll have high quality programming where ever we are. Imagine driving 450 miles and never losing reception of the Alabama football game. What about radio TiVo? The possibilities are endless. I've always dreamed of being on a space flight.......


Technicals
Most Actives

Last Price Quote is:
2.47%above 13-day EMA
4.03%above 50-day EMA
RS Rating: 88 

Fundamentals
Key Data:
Market Cap (M): $4,818.81 
P/E Ratio: NA 
PEG Ratio: -0.439153 
Next Earnings: 03/04/2008
Last Analyst Rating: Over-weight


Oh, doesn't the charts look so much alike ?