Satellite Radio Report Card, 2.01.05

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Company

Symbol

P/E*

Price

1.31.05

52-wk high/

low

Earnings/
share

Market Cap/#

Shares

Sales/

Income

B=billion
M=million

Employees

Debt/
Equity Ratio

Insider Trading (last 12 months)

Sirus Satellite Radio

SIRI

NA

6.63

9.43

2.01

-.53

8.362 B

1.263 B

46.60 M

-598.10 M

375

.40

$8.1 million purchased (Mel Karmazin)

$34 million Sold

XM Satellite Radio

XMSR

NA

31.62

40.89

20.35

-3.47

6.743 B

204.7 M

194.1 M

-617.1 M

425

1.69

None filed.

*P/E is well below industry average.

**Dividend-paying stock.

Data obtained off of www.moneycentral.msn.com, www.sec.gov/edgar, and other news sources, including the NY Times, Reuters, Bloomberg, CNBC and press releases.

 

Company

Description

News and Comments

Sirius

One of two major players in the emerging satellite radio market.

New CEO, Mel Karmazin, purchased $8 million in shares at $5.36 each. Mr. Karmazin’s career success record includes President and CEO of Viacom (CBS, MTV, Showtime, Paramount Pictures) from May 2000 until June 2004. Talent/programming includes: Howard Stern, NBA, NFL and more… Underdog with strong new leadership may gain market share. Cool-looking web-site. Deals with Ford, Chrysler, Dodge, Mercedes Benz, Pioneer, Toyota, Target, Office Depot, Mazda, Hertz, Porsche, RadioShack. Added to NASDAQ 100 index effective 12.20.04. For 2004, Sirius' loss grew to $712.2 million, or 57 cents a share, from the previous year's $314.4 million, or 38 cents a share. Revenue jumped to $66.9 million from $12.9 million. (AP) 1.2 million subscribers.

XM Satellite Radio

One of two major players in the emerging satellite radio market.

Programming includes Dr. Laura, Major League Baseball and Gordon Liddy. Big Lead over Sirius in subscribers and revenue. Deals with National and Alamo Rent a Car, General Motors, Honda,Toyota, Audi, Porsche, Panasonic, Saab, Volkswagen, Nissan, Jet Blue… 2.10.05 at 10:00 a.m., XMSR releases 4Q and full year 2004 results. 3.2 million subscribers.

 

"The potential for competition confirms that the market for satellite radio is quite huge. The estimates for 50-100 million subscribers may not be so absurd after all; larger players potentially may enter the market. Caputring its fair share of such a market will result in Sirius being valued at $40 billion or more." James Dlugosch, Rational Investor, 1.11.05