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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 21.52-0.4%Nov 14 9:30 AM EST

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To: i-node who wrote (351)5/1/2003 11:21:37 AM
From: ALTERN8  Read Replies (1) of 8420
 
"the market seems to have spoken quite loudly about which service is preferable at this time."

The market knows which has more subs. Yes SIRI has had problems in the past and did let XM get a one year head start. Let's see how fast they catch up.

As of very recently, the market was pricing XM at 10 times SIRI. As we all know SIRI has 10 times less subs than XM. So even at this rate SIRI is due for a POP to the 90s. If they announce larger than expected subs on May 15th, they will POP to over $1 easily. Either way they have more short term upside than XM for a trader.
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