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Technology Stocks : Sirius Satellite Radio (SIRI) -- Ignore unavailable to you. Want to Upgrade?

To: ALTERN8 who wrote (357)	5/1/2003 12:14:39 PM
From: i-node	Read Replies (1) \| Respond to of 8420

The risk was there when I bought it at 1.66, the GM financing had not been announced and BK was a major risk. Actually, I bought most of my current XM holdings at 1.81. I did not feel there was that risk at that time. It was clear XM's big investors were going to come through with more financing. I don't see it being quite so clear in SIRI's case. Also, I had a lot more confidence in XM's management's ability to do what they said they would. To date, XM has pretty much delivered on every promise. SIRI's, OTOH, has failed at every turn. I will be buying SIRI again if they start showing signs of life. But I'm okay to miss a move up to $2/$3 to have a little sense that SIRI has weathered the storm before jumping in. Just my view... Think about it, why would F let GM control any piece of their destiny? Hertz has stepped up SIRI installs recently, F practically owns Hertz. Do you see where I'm going with this? Yes, but it is different risking the cost of the Hertz radios vs. risking a major marketing blunder. If Ford commits to SIRI, they are going to have to be prepared to step to the plate and feed SIRI money if necessary to keep it alive. Ford doesn't need pissed off customers saying, "You sold me this crap now it doesn't work". It's only a matter of time before more people catch on to SIRI, especially the gay/lesbian community which will find support of their lifestyles with SIRI. It may be; but I'd much prefer to see XM going after larger markets -- like PC users...