By – Steve Garcia

As we have watched Sirius XM Radio (NASDAQ:SIRI) shed its negative image and show real promise again in the metrics of the company, there are still writers and bloggers out there writing and posting some overly negative commentary.   The truth usually lies somewhere in the middle, as a shareholder I see a glass half full, but there are many who see a glass half empty.  What really frustrates investors are the stories that come out with a negative slant and only a half-hearted attempt at providing real information, usually backed up with no facts.  I have included several excerpts below from articles which appeared over a period of several weeks and included Sirius XM Radio that I perceive to be negative and unjustifiable connotations.  Many are just attempts to scare off the average investor thinking about investing in SIRI stock.

Let’s begin with Scott Rothbort and his article entitled “The Worst Run Companies of 2009”:

Mr Rothbort writes: ”That this company hasn’t made my list in the past is a major oversight on my part.  Sirius XM — the merger of two poorly managed and capitalized companies, Sirius and XM — is a classic case of a great product (satellite radio) coupled with a bad business model.  The company is burdened with more than $3 billion in long-term debt and $4.5 billion of intangibles and goodwill.  The strategy of giving large deals to big-name stars such as Howard Stern and Chris “Mad Dog” Russo doesn’t really seem to have paid off.  Management relied heavily on the automobile industry to spur sales, and we know how successful that has been.  Perhaps government-sponsored cash for transistor radio program could help Sirius survive.  Its date with destiny will be in bankruptcy court.” (more…)

By – Rick King

Few times in the history of this behemoth Satellite Media Company have investors looked so forward to a conference call.  Sirius XM Radio (SIRI) has been throwing punches left and right over the past year to fight it’s way out of near bankruptcy and back into profitibility.  Recent initiatives at the company lend great hope that 3rd Quarter numbers may yield something not seen in the company – profitability.  How did this come to be?

After crawling out of a hole with the share price hanging in the single digits, Sirius XM Radio stands at the brink of meeting its potential for the first time in recent memory.  Miracle last second financing from Liberty Media & CEO John Malone, coupled with growing merger synergies from the Sirius – XM Radio mergers – has been substantially shifting the numbers during each consecutive earnings release.  Couple that with the foresight to move into additional revenue streams – not the least of which is coming from the used car market, and Apple (APPL) iPhone application – Sirius XM Radio is now showing us a renewed vigor. (more…)

By Steve Garcia

Following Liberty Media Corporation’s 2009 investor meeting last week on the 16^th of October, I was pleasantly surprised to discover Sirius XM Radio CEO Mel Karmazin was scheduled to speak.  Once the meeting got underway though, I truly was not prepared to hear what either Greg Maffei of Liberty or Mel Karmazin of Sirius XM Radio (SIRI) laid out during the meeting.  Rest assured, Sirius XM Radio’s relationship to Liberty Media and John Malone is a two-way door.  Liberty Media gets 40% of the company with exclusive content and can leverage it over multiple possibilities; which I believe they are preparing to do in earnest.  Mr. Maffei’s statements were like music to my ears when he said they were looking for opportunities regarding SIRIUS XM in other markets.  To me it seems that this all is coming together and turning into global expansion with recent news of Liberty buying the debt of Worldspace and also now looking to purchase the hard assets of the company. This action could be seen as removing the hurdle of Spectrum licensing overseas that would be expensive and virtually impossible for SIRIUS XM to procure. More details are sure to come from this developing story as details continue to emerge. As Worldspace seeks to re start asset sale processes with Liberty Satellite Radio LLC, a unit of Liberty Media. Liberty Satellite Radio LLC is in fact a holding company that Liberty Media owns and has used in the past. This ties closely with Sirius XM’s rumored, though not confirmed partnership with APPLE (APPL) and could bring a whole new loyal following as well, likely adding more multi-subscription households.  All this would give lots of those potential subscribers an opportunity to purchase all of the exclusive available channels including, but not limited to, Oprah Radio, MLB Home Plate, NFL Radio, NHL Home Ice, Mad Dog Radio, The Foxxhole comedy channel, and National Public Radio with the purchase of a new SKYDOCK and the possibility of an XM best of SIRIUS package. Seems like a no brainer.

Purchasers will also gain access to a variety of Sirius XM music channels, including E Street Radio, The Grateful Dead Channel, Eminem’s Shade 45, Radio Margaritaville, Siriusly Sinatra, and many others. All (more…)