Quote:
|
Originally Posted by TalkingGoat
sirius is a risk. Â*They're throwing a lot of money that they really don't have banking on them being competitive with XM, and they really don't have the user base, competitive pricing, or comparable hardware to do it. Â* They're getting way ahead of themselves in my opinion. Â*I've already heard that Stern alone is going to need to at least double their amount of existing users just to pay his salary if the company is expected to be successful. Â*
The stock will stabilize too, it's up primarily because of the big announcements of stern and mel karmazin, which are both recent. Â*I highly doubt that it will continue growth, and it probably will sink again long term, at least until stern is on the air.
It's hard to say where things will be 2 years from now, but as of right now, XM is a much stronger company - both financially and in terms of the newest technology - Â*with a stronger future, stern or not. Â*
In my opinion they have the talent too. Â*Opie and Anthony: High Voltage 202 Spread the Virus 8)
|
That is real wisdom. THis stock may be good in the short term but will eventually receed back to a reasonable level. I have learned a few things about stocks through experience. The biggest indicators of a stock's future performance is a good P/E ratio and Earnings, which SIRI has neither. Try and stay away from "noise" trading, you can get burnt easily.