XM for $3 a month

[Lucifer]

pay for radio, not me, as soon as I get my hummer, the radio is coming out and a pc is going in. I don't like the xm radio stations, nothing I care to listen to.

[Klaus]

Get Sirius: This radio company isn't making money yet

Posted 6/26/2006 12:52 AM ET

Q: Sirius Satellite Radio's stock (SIRI) is down this year. Is it a good time to buy?

A: Every time there's a new and exciting technology, investors want to pile in. And for some reason, they seem to forget about the price they're paying, virtually guaranteeing themselves poor returns.

Satellite radio was a classic case. Shortly after the dot-com bust, investors looking for wild and exciting investment opportunities didn't lose any time investing in satellite radio. It seemed to have unlimited promise. And it didn't seem to matter that Sirius hadn't made a dime and analysts were torn on when, or if, profits would arrive.

The craze hit a new high when I received a reader question on Ask Matt about Sirius' stock on April 25, 2005, when it was trading for $5.14 a share. As you can read here, I cautioned investors that a "string of losses makes it impossible to perform a traditional valuation on the company." I quoted a Standard & Poor's stock research report, which rated the stock a "hold."

Turns out that was great advice. Since that story ran, the biggest winner on the stock has been shock jock Howard Stern, who was paid $100 million a year plus given the opportunity to cash in $191 million in stock. You can read about Stern's mega payday here.

What has happened to regular investors? The stock is trading around $4.45 a share. That's a 13% decline since April 2005. Interestingly, too, investors haven't cashed in on Stern, either. The stock is down 35% since he started on the air. Meanwhile, the company still loses money, making it impossible to value the stock using any standard method.

If you insist on investing in this stock, all I can tell you is to make sure you use money you can afford to lose.

[HummerNewbie]

I have never tried to get the $3/month deal but they do keep offering me a $4/month deal. I keep getting emails that if I come back to XM they will only charge me $4/month when I pay for a year up front. What they don't understand is I have not left XM. I have canceled 3 radios this year but they have all been canceled because I replaced them and signed up for a new radio

[usetosellhummer]

I am a radio vet of almost 20 years, XM, Sirius, are hurting my industry in free radio. I have programmed radio stations in many formats. It is very clear when you do the pepsi challenge that Sirius is the better product. Howard has not even advertised yet. He pulled almost 4 million on his own. wait till the full effect comes in. Due to the FCC and Big Corp. owners all I can offer you is time, temp. that was and this is. You want to be entertained go to sirius. XM sucks, Howard rules and i know I will be selling cars again thats to people like myself who will pay to enjoy no commericals and great talent like Howard.

[HummerNewbie]

Only problem with your post is it comes down to personal preferences. XM doesn't suck because Stern is on Sirius. I know a number of people that have gone to Sirius because of Stern but I could care less where he is. Used to listen to him a number of years ago but not anymore. As far as not advertising, that isn't true, they banked everything on him coming to Sirius. Personally, I don't really think one is any better than the other, it all comes down to preferences. It is kind of like arguing which is better, Ford or Chevy

[usetosellhummer]

here is where you don't get it. My paycheck and company is built on what you like, your opnion. I don't sell a durable good or vehicle you can drive. My company sells air. Impressions, thought. think about it, and ford sucks with xm

[usetosellhummer]

venting, no harm intended.