WorldSpace, Inc. (NASDAQOTH:WRSPQ.PK)

CAPS Rating: 1 out of 5

The Company provides high quality radio programming, including a wide variety of music, news and entertainment channels and also broadcast unique WorldSpace-developed programming.

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Member Avatar RagingAlpaca (68.75) Submitted: 12/7/2006 2:06:07 PM : Underperform Start Price: $4.74 WRSPQ.PK Score: +98.75

Jumping on the bandwagon without much research. Financials are ugly, and I'm not much on satellite radio.

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Member Avatar dawg99pound (< 20) Submitted: 11/27/2006 10:45:19 PM : Outperform Start Price: $4.98 WRSPQ.PK Score: -101.38

5 star stock after horrible day

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Member Avatar NoChartsNeeded (61.41) Submitted: 11/27/2006 1:30:36 AM : Underperform Start Price: $5.39 WRSPQ.PK Score: +99.97

Bankrupt shortly

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Member Avatar norrab1 (29.46) Submitted: 11/14/2006 9:12:31 PM : Underperform Start Price: $3.76 WRSPQ.PK Score: +100.42

No chance in hell they avoid bankruptcy.

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Member Avatar sleepyseth (97.28) Submitted: 11/1/2006 11:38:49 PM : Underperform Start Price: $3.42 WRSPQ.PK Score: +101.88

Earnings are expected to be $3.58 a share this year and $4.37 a share next year (these numbers will probably be missed). When you see a stock losing more than they are worth, it is time to bail.

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Member Avatar astrodogind (89.73) Submitted: 10/14/2006 7:09:52 PM : Underperform Start Price: $4.19 WRSPQ.PK Score: +102.66

When you lose 36M in a quarter, and you're only worth ~160...

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Member Avatar trackisgood (74.55) Submitted: 10/10/2006 11:35:30 PM : Underperform Start Price: $3.94 WRSPQ.PK Score: +103.94

This company is the black hole for cash. For every satellite radio package they sell, they lose quite a bit of money. Their business plan sucks -- lets sell satellite radio in countries where most people don't even have a car, or a computer. The executives have ridiculous compensation packages that will allow them to quickly siphon millions away from the company before it runs out of cash for operations, which will be in the next 12 to 24 months. I've never seen so many large negative numbers in a financial statement in my life!

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Member Avatar chiplevengood (< 20) Submitted: 10/10/2006 10:58:04 PM : Underperform Start Price: $3.94 WRSPQ.PK Score: +103.94

Worldspace has a bad business model, subsidizing head acquisition in India for such long periods that churn will kil them. The restructuring of the debt prior to the IPO puts the company in the position of never being able to reward shareholders. The dependence on XM radio as well exposes them to the inability of XM to ramp up listener bases at a rate similar to Sirius. In short, stay away.

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Member Avatar b5l8 (73.64) Submitted: 10/7/2006 9:58:21 PM : Outperform Start Price: $3.78 WRSPQ.PK Score: -103.92

WORLDSPACE acquires exclusive radio rights for cricket.

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Member Avatar mehouck (< 20) Submitted: 10/3/2006 4:53:55 PM : Outperform Start Price: $3.52 WRSPQ.PK Score: -105.38

Eventually people are going to hear that there is another satellite radio company serving the fastest growing economies: India, China, and Europe. Worldspace will probably not be profitable in my lifetime, but that doesnt matter to people that get in on satellite radio stocks...

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Member Avatar RobertSheard (68.59) Submitted: 7/13/2006 8:50:48 PM : Outperform Start Price: $4.00 WRSPQ.PK Score: -112.81

There should be a suicide lucky charm for this pick. But it's purely a contrarian speculation. The company looks horrible long term and I'd never actually buy the stock, but for a short-term play, it looks like it could have the proverbial dead-cat bounce. Or not...

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