You're kidding right?
Look a little bit deeper? If you want to invest in a stock that will triple, Sirius is a good bet. It's health is much better than XM and XM has nothing to show that it's going to change. Sirius has more cash, less debt, and now all of the sports programming.
XM has missed the boat and GM was probably the only reason it performed as well as it did. Their values are pretty close to the same and currently Sirius has about half the subscribers that XM has, but that's quickly changing.
At $4 a share it's a good buy, IMO, for 3 years down the road.
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I won't say Sirius is not a good stock, and I won't say they won't grow above and beyond Howard. I have quite a bit of their stock and hope they do grow. But, I do have to say XM made some additions this month with quite a few new stations and so far they are good. (Oprah was a good move, since that will add color to XM and open up a new segment of society that has not been big into satellite radio; as Howard did.)
I will have to also say that GM is not the reason why in the start they blew away Sirius.
In the beginning, they were backed heavily by Worldspace the first Satellite provider of radio, and with Worldspace, they developed (along with Delphi) the best units on the market. This helped them greatly, as did their hook up with GM. In the early days, XM was not standard on all GM products, in fact, it wasn't until around 2004 or 2005 that XM was put on all GM vehicles. GM helped put them on the road, but their aftermarket equipment in the early days helped them expand in the aftermarket.
I still say, XM versus Sirius is the same as Chevy versus Ford. I had Sirius and went to XM, and I love it (then again, I hate Howard
). Some swear by Sirius, some swear by XM. There is plenty of room for both in the satellite radio market.
Will I also stay with XM? Can't say at this time but right now I am satisfied, and that is all the counts to the consumer.
One other note; has anyone other than the original poster had their monthly fee reduced to $3.00 per month?