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Old 11-21-2006, 07:40 AM   #1
Whiskerbiscuit
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Default Where does 3B in 2010 come from ?

I have faith in Mel and have found him to be mostly honest and accurate. I certainly have more faith in him than say a Panero or 95% of my elected officials.

Mel has gone on record many times saying that SIRI will be at 3 Billion in sales and 1 Billion in FCF by 2010. Since we suspect the 1 Billion in sales will be hit by the end of 2007, where does the other 2 Billion come from in the remaining three years until the end of 2010 ?

Can this happen without added products or merger ?

Do we think Sirius will add roughly 15 million subs in three years ?

Your thoughts ?
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Old 11-21-2006, 09:56 AM   #2
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Default

My guess would be increased ad revenue and I would say they are counting on the OEM market for most of the new subs. One day satellite radio will probably become standard in most vehicles.
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