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


To: ALTERN8 who wrote (359)5/1/2003 12:58:57 PM
From: i-node  Read Replies (1) | Respond to of 8420
 
Having tried both products I can't see why anyone would buy XM over SIRI (the products not the stocks) other than lack of knowledge or a preference for country music.

Actually, I don't listen to country, but I find XM's choice of music to be fine. They have a good blues channel, several good album rock channels, etc.

I don't listen to today's crap; but I think there is some of that, too. I just really doubt there is that much difference between the programming -- just from looking & listening to SIRI's internet feeds..

By the way do you have any idea how many outstanding shares XM has now? I think their updated profile will have them at around a 9 Billion market cap?

Nowhere near that. Right now, there are maybe 226M shares outstanding. Ultimately, there will be 275-300M shares outstanding, so a market cap of 2.7B would be close.