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


To: HEXonX who wrote (6204)2/6/2007 9:19:46 AM
From: HEXonX  Read Replies (1) | Respond to 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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To: HEXonX who wrote (6204)2/6/2007 10:33:23 AM
From: rjk01  Read Replies (1) | Respond to of 8420
 
I agree, that is why I no more hold shares long term
bought some on the chance of some earning news. Does not look good for a few months



To: HEXonX who wrote (6204)2/6/2007 11:07:30 AM
From: i-node  Read Replies (1) | Respond to of 8420
 
>>> If Frontmed is right, SIRI will announce after XM does.

No, this isn't the case.

FrontMed remains very hopeful that XM will out-wait SIRI this time, as XM should have a fairly positive CC whereas SIRI's will be the Grapes of Wrath (although they'll definitely be trying to spin it positively!).