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Sirius' New Products To Offer Recording Feature
05-13-2005
Bear Stearns maintained a "peer perform" rating on Sirius Satellite Radio (nasdaq: SIRI - news - people ) and discussed the release of new products from the company. The research firm expects Sirius to launch products using the new 3G chipset later this year. The research firm said the 3G chipsets will offer recording and playback feature on a standard basis. In the fall, Sirius also plans to begin offering wearable radios, dubbed "ReGo," based on 2.5G chips. The key feature of the unit is its ability to record four hours of Sirius content using built-in memory and to hold MP3 songs using a swappable flash memory card. "However, given the need for two separate battery-packs, we think the ReGo unit more likely will be used as a portable rather than wearable radio," Bear Stearns said. Sirius' 3G wearable radio capable of live reception could become available by early- to mid-2006, according to the research firm. This unit likely will consume significantly less power than the current 3G chipsets. Bear Stearns said other upcoming catalysts include expanded OEM rollouts from Ford Motor (nyse: F - news - people ) and DaimlerChrysler (nyse: DCX - news - people ), new markets in Canada and Mexico and Howard Stern joining the platform in January 2006.
R U M O R V I L L E
The Rumors you may or may
not want to know about ...
* Look for a big day 6/30/05 - We hear sirius
will take off to $8.00
* Howard Stern is to announce something regarding Sirius in about two weeks
*
Sony + Sirius Deal? Is it in the works? Seems like a logical move, as Apple didn't want to get involved. Then again we are in Rumorville!
* Stock is rumored to fall until Stern Signs on early
* Howard Stern to quit early? Will he say F*** You to broadcast radio, and make the jump soon to Sirius?
Rumor has it, it may be next month.
*What is up with Sirius & XM lately? The two companies have seemed to merge together in the media. Is a possibly buyout in store? Will Viacom, and
Sumner Redstone
buy both companies?
All statements contained are not verified for their accuracy. The statements may or may not be true and therefore are not to be relied on.
For entertainment purposes only.
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