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11-19-2008, 12:47 PM
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#1
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Serius and XM in big trouble
Shares for Serius and XM have fallen more than 90%, to just 17 CENTS a share. And being that both Serius and XM rely a lot on new cars sales from the Big 3 that offer both services, the dramatic slump in car sales hits them too.
http://money.cnn.com/2008/11/19/mark...ion=2008111913
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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11-19-2008, 12:53 PM
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#2
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Join Date: Aug 2008
Location: North Jersey
Posts: 543
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Are you Serius!!??!? Couldn't resist... 
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2010 Camaro 2SS, Inferno Orange, black stripes, Inferno Orange leather interior, RS package, 21" black rims, 6 speed manual trans, Inferno Orange engine cover.
1984 Trans Am Roadster, 305H.O, 31k original miles, all original.
1984 Camaro Z28 Roadster, 350 .40 over, cam, edelbrock 750, headers, flowmaster, more to come...
1986 IROC-Z, L98 swap, .30 over, forged internals, cam, headers, flowmaster, Go Fast juice.. - Sold 
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11-19-2008, 01:44 PM
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#3
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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But only people directly working for the Big 3 are gunna be hurt I thoughts?
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2/20/2013: They Day the ****s Stopped
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11-19-2008, 01:45 PM
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#4
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Join Date: Dec 2005
Location: Boston/North
Posts: 9,214
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holy ****.
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Quote:
Originally Posted by BonzoHansen
dumbass.
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11-19-2008, 01:49 PM
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#5
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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XM is also in Acura/Hondas and I want to say BMW?
Sirius is in a few Korean brands. I dont think Toyota has a sat. radio option.
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2/20/2013: They Day the ****s Stopped
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11-19-2008, 01:52 PM
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#6
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Quote:
Originally Posted by BigAls87Z28
XM is also in Acura/Hondas and I want to say BMW?
Sirius is in a few Korean brands. I dont think Toyota has a sat. radio option.
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Sirius is in Ford too.
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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11-19-2008, 01:54 PM
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#7
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BadMod
Join Date: Aug 2004
Location: hamilton, nj
Posts: 8,889
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what does that mean for those of us that paid for 3+ years
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So much stupid, so little time.
Quote:
Originally Posted by 79CamaroDiva
It started before I drove your car. I just have to look at it the wrong way and your car poops parts.
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Mercerville MotorSports, LLC
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11-19-2008, 02:02 PM
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#8
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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If they go BK, you are effed. Sorry. Unsecured debtors get to the back of the line.
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2/20/2013: They Day the ****s Stopped
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11-19-2008, 02:06 PM
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#9
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MIR
Join Date: Jul 2005
Posts: 9,692
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Quote:
Originally Posted by SteveR
Sirius is in Ford too.
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Audi too
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11-19-2008, 02:10 PM
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#10
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Join Date: Jul 2007
Location: North Jersey
Posts: 237
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Quote:
Originally Posted by BigAls87Z28
XM is also in Acura/Hondas and I want to say BMW?
Sirius is in a few Korean brands. I dont think Toyota has a sat. radio option.
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Sirius is in Toyotas. Was offered in my XB.
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11-19-2008, 02:22 PM
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#11
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Mongo the Meet Coordinator
Join Date: May 2008
Posts: 16,938
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If they go down, wtf happens to all their satellites?
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Quote:
Originally Posted by KirkEvil
repo bigals turd gen and part it out to a loving home
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11-19-2008, 02:37 PM
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#12
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MIR
Join Date: Jul 2005
Posts: 9,692
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Quote:
Originally Posted by Shownomercy
If they go down, wtf happens to all their satellites?
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Let's see, the satellites will become space debris just like the majority of other used satellites that weren't sunk in the ocean.
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11-19-2008, 02:38 PM
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#13
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Mongo the Meet Coordinator
Join Date: May 2008
Posts: 16,938
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Thank you Mr sarcasm. I meant like will another company be able to buy em up and start another satellite radio or keep XM alive?
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Quote:
Originally Posted by KirkEvil
repo bigals turd gen and part it out to a loving home
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11-19-2008, 02:40 PM
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#14
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Quote:
Originally Posted by Shownomercy
Thank you Mr sarcasm. I meant like will another company be able to buy em up and start another satellite radio or keep XM alive?
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I'm not sure if they own the satellites or if they lease them from the government. If they own them and they go under, they'll become property of the bank and sold off. If they're leased out, then the gov will put them up for re-lease.
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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11-19-2008, 02:40 PM
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#15
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Ayatollah of Rock N Rolla / Admin
Join Date: Mar 2006
Location: Parts Unknown
Posts: 12,573
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Quote:
Originally Posted by Shownomercy
If they go down, wtf happens to all their satellites?
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They go to West Coast Customs to be pimped out.
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11-19-2008, 02:42 PM
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#16
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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I belive XM and Sirius own the sats.
I wonder what happens to all the XM-SatNav links that are in so many luxury cars now? GM and Honda both have XM traffic that can work with thier sat nav units in the cars to help divert the vehicle around traffic.
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2/20/2013: They Day the ****s Stopped
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11-19-2008, 02:46 PM
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#17
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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Quote:
Originally Posted by BigAls87Z28
I belive XM and Sirius own the sats.
I wonder what happens to all the XM-SatNav links that are in so many luxury cars now? GM and Honda both have XM traffic that can work with thier sat nav units in the cars to help divert the vehicle around traffic.
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If it's tied into an XM/Serius broadcast, it'll go off the air.
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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11-19-2008, 02:47 PM
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#18
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Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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Well, I guess thats a big duh.
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2/20/2013: They Day the ****s Stopped
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11-19-2008, 03:23 PM
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#19
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Join Date: Oct 2006
Posts: 929
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they better not go down! they just became one and i am so close to getting all the awesome channels, just waiting on a new radio cause the one i have is a pos.
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1986 IROC-Z - 305- .030 over, Voodoo cam, 113 vette heads, tpi, hedman torque steps, GMMG 3in catback, custom chip, t56, 3.27s 9 bolt, rest of the car is stock.
2011 Camaro - 2lt/rs red jewel tincoat, m6 - SOLD
2014 Camaro SS - bolt ons
1998 Jimmy - the beater
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11-19-2008, 04:52 PM
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#20
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Join Date: Jan 2008
Location: West Milford/Villanova
Posts: 1,044
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I was one click away from buying an in-car Sirius unit for my truck when I was told about this a few days ago.
I'll be pissed if they go down. I can't drive long distances without my Sirius.
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1992 Camaro RS 305 TBI,- Off the road, awaiting rebuild
2004 GMC Sierra- Current Daily Driver.
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11-19-2008, 06:23 PM
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#21
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12 Second Club
Join Date: Aug 2004
Location: West Milford
Posts: 8,373
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never saw the point or had the need for this.... esp since the IPOD was invented lol
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88 Camaro
95 Impala SS
97 Trans Am WS6
98 Blazer ZR2
00 Corvette
04 CTS-V
04 Grand Cherokee
06 GMC Sierra
07 Sublime Charger Daytona
12 Tahoe LT
17 Malibu LT
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11-19-2008, 08:22 PM
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#22
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Queen of Destruction / NJFBOA Supporting Sponsor / Moderator / 12 Second Club / 2006 Member of the Year / PITA
Join Date: Aug 2004
Location: I dunno..
Posts: 8,327
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Quote:
Originally Posted by maroman88
never saw the point or had the need for this.... esp since the IPOD was invented lol
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with iPod you have to download all the songs, and think about what you want to hear.. with satellite, no illegal downloading or paying for songs, and no worrying about the songs that you like but keep forgetting to download
Quote:
Originally Posted by cdacda13
I was one click away from buying an in-car Sirius unit for my truck when I was told about this a few days ago.
I'll be pissed if they go down. I can't drive long distances without my Sirius.
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yeah, me too. glad i never splurged for the 3 years though.. i only buy a year at a time
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We're a drinking team with a racing problem.
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11-20-2008, 01:02 AM
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#23
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Join Date: Jan 2006
Location: west milford, nj
Posts: 1,662
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never used either of them. i cant understand this paying for radio stuff
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Previous Cars: 1992 Eagle Talon TSi AWD (5spd), 1992 Mustang GT(auto), 1995 Hyundai accent(5spd)
Current Car: 2000 Honda Accord EX (5spd)
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11-20-2008, 01:37 AM
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#24
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BadMod
Join Date: Aug 2004
Location: hamilton, nj
Posts: 8,889
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Quote:
Originally Posted by 79CamaroDiva
yeah, me too. glad i never splurged for the 3 years though.. i only buy a year at a time
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yeah, at this point i regret that more than wayfast regrets a 12 minute blowski
__________________
So much stupid, so little time.
Quote:
Originally Posted by 79CamaroDiva
It started before I drove your car. I just have to look at it the wrong way and your car poops parts.
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Mercerville MotorSports, LLC
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11-20-2008, 02:06 AM
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#25
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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Quote:
Originally Posted by cbrrmike
yeah, at this point i regret that more than wayfast regrets a 12 minute blowski
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BWAHAHAHAHAHAH
thanks for making me laugh otu loud in the silence of my house at 3 am
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WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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