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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 20.77-2.2%Dec 19 9:30 AM EST

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To: HEXonX who wrote (6204)2/6/2007 9:19:46 AM
From: HEXonX  Read Replies (1) of 8420
 
February 05, 2007
Satellite Radio Begins To Wither (SIRI)(XMSR)

The news that UBS thinks XM Radio (XMSR) will end 2007 with only 9.1 million subscribers must be depressing for owners of the stock and its rival Sirius (SIRI). That would put it growth rate at less than 20%

An addition of only 1.5 million net new subscribers in 2007 would mark a significant slowing in satellite growth rate for the industry leader. Even if Sirius adds two million subscribers, that would put its total at only 8 million.

One thing is becoming clear. XM and Sirius are not growth stocks any longer.

Douglas A. McIntyre can be reached at douglasamcintyre@247wallst.com. He does not own securities in companies that he writes about.

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