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kron7777

01/06/04 9:47 PM

#120 RE: Chadman #119

My two cents.
Fools article: I follow SIRI since March. This is not first such article from Fools. They publish something similar once in every several month. They are very anti Sirius. I think it is not personal, they just do a dirty work for some institution. Such articles' effect don't last long, but it allows someone with deep pockets to save millions when buying shares.
The point is not that they used correct numbers. The point is that when they publish articles about XM it is all about how great XM's service is, how huge the future market is, and how great XM is , and how they will dominate forever.
And by the way, XM's financials are in much worse shape than Sirius's. But you won't read that in Fools. And Fools just plain mislead people implying that stocks trade on previous quarter's numbers and not on the future earnings. There are only 2 companies in the Sat. radio market and if they want to talk financials they should compare both companies.
As for Kudlow and Cramer ANALists: did you notice how she called the company 'Siri' all the time? I bet she doesn't know shit about either company. What kind of recearch has she done if she doesn't even know the company's name? Of course she went with XM. It's stock is up 1000% which means XM is a better company.

As for lifetime deals. It is not your lifetime, but the radio's lifetime. I think it is fare deal, since in 5 years radios will have much better features and you will want to upgrade it. But some people will keep current radios for 10 years. And Sirius needs money now so they make it to breakeven.