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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (20239)	12/10/2004 7:01:05 AM
From: Larry S.	Respond to of 78567

John congrats on your good trade(s) and "takingchanciness" with SIRI. I still feel it is vastly overvalued based on any logical method, except bubblemania. Yes, it - satellite radio - is a new, exciting, fast growing industry. But the monthly subscription cost is or isn't going to get to people after a while. They will have to get more for their money than Howard Stern. And 1.7 Billion (or is it Trillion?) shares is one heck of a lot of shars. Then again, i don't listen to the radio hardly at all, once in a while while driving. I also don't have a <gasp> cell phone - so i guess i am of another century. Now, an exciting idea for satellite radio will be to link up with a cell phone provider so that you can get SIRI or XMSR as part of a cell package, for less than $12/mo. hmmmm larry (PS) I owned SIRI briefly from 2 to 2.50, was happy with my little profit, still am.