stock marker will fall out of bed tomorrow

[vdc-Loki]

I never got into the Stock market till a few weeks ago, I've been keeping a close eye on Sirius (SIRI) and I finaly decided to just say fuck it and buy some stocks, with the addition of Howard Stern, Bubba The Love Sponge, the shortage of equipment, and record signups in the last few months it seemed like a no brainer.

Now my only thought is should I pick up a handfull of shares for the compition XM (XMSR) to hedge my bets so to speak, or wait for a possible 3rd company to pop up?

-Loki-

[Robin]

Originally Posted by vdc-Loki

should I pick up a handfull of shares for the compition XM (XMSR) to hedge my bets so to speak, or wait for a possible 3rd company to pop up?

-Loki-

Personally I would wait till you have a profit from Sirius you are satisfied with then sell and buy XM. I already bought SIRI in the fall last year and sold at the end of the year. The Howard Stern thing will be all played out soon and I think they will peak. They are the underdog. XM is 3 times larger and it has some major new announcements planned. As for a 3rd company. There isn't/won't be one. satellite radio will be Sirius and XM just like satellite TV is Dish and DirecTV (except that Rupert Murdoch now owns both of them). It would be madness for a 3rd company to try and compete - so it's almost certain not to happen.

[vdc-Loki]

Originally Posted by Robin

Personally I would wait till you have a profit from Sirius you are satisfied with then sell and buy XM. I already bought SIRI in the fall last year and sold at the end of the year. The Howard Stern thing will be all played out soon and I think they will peak. They are the underdog. XM is 3 times larger and it has some major new announcements planned. As for a 3rd company. There isn't/won't be one. satellite radio will be Sirius and XM just like satellite TV is Dish and DirecTV (except that Rupert Murdoch now owns both of them). It would be madness for a 3rd company to try and compete - so it's almost certain not to happen.

I would rather buy some XM stock now at $28.XX a share then wait months to a year when their up around $50.XX a share......

If your right about them being the leader then I would bet they would go higher in the next fiscal year, I can handle say $30.00 a share better then $50.00.

With that said, I realy think Sirius will take the lead between the two companies, With Stern onboard (Who ALMOST ended up on AM) and him having 2 channels right now, (and a 3rd and 4th in talks right now) he's scouting for more people and programming, and I think he will play a vital role there over his 5 year contract.

He already hired Bubba The Love Sponge to be on 101, and Bubba WAS on XM, now his listener bace may move over to Sirius, and more of Stern's 16 million listeners will be joining as well.

I think the hype will increase in fact, especially since the news channels, papers and radio people keep talking about what he's doing now and even renaming networks "Free Radio" which actualy brings more spotlight to the satalite radio business.

Only time will tell if either of us are right, But I see them to be both big success with Sirius being a bit ahead due to their "names" Stern, Bubba, Eminem, Jim Breuer Martha Stewert, Lil Stevie, and others.

-Loki-