The boys over at MSN Money aren't very kind to SIRI in this article, but it's an interesting read and may be a dose of reality to some stock owners to read something like this. Then again, I'm sure most investors already know this stuff and have made up their mind regardless of what the media is saying (and hats off to that).
One of the big questions people were asking at the NYC Geek Dinner (dishes05), and several time via private email, was whether I'd recommend SIRI stock or not. So I just sorta want to snip that in the bud right now.
Honestly, I don't own any XMSR or SIRI stock (though I probably should seeing how much of my time this stuff takes up), mostly because I'm broke but also because I don't feel I know enough about the Wall Street side of the industry. I listen to the conference calls, read the inteviews, tune into the stock news, and watch the videos - but when you get into the real stock-talk stuff, I go numb.
So whether I'd recommend one stock or another? I'll leave that to the more intelligent people out there. All I have is my own personal thoughts that Sirius isn't going anywhere for a while, and that the Satellite Radio Industry as a whole will only grow. Adopting from terrestrial to satellite is getting easier and easier for the general public - and I think now we're getting away from the "early adopters" and closer to critical mass. It's not hard for Joe Sixpack to say "Gosh, my radio sucks, I want to listen to some real country music!" and to go out and buy a plug-and-play unit. It's Radio, only Better. Easy message to consume. I recently heard that some analysts are actually expecting there to be 55 Million subscribers in 10 years - an aggressive, but maybe not too far off estimation. All we need to do is get over this initial hump of grabbing new content to broadcast, and the rest is profit. There's no fiber to lay down or infrastructure to build (well, maybe we could use a few extra towers to get signal to the nooks and crannys out there), just cooler receivers and better content to come - which after a while will only get cheaper and cheaper for both the manufacturer and the consumer.
So, to actually answer the question, an investment the either XMSR or SIRI would be a smart one if you're in it for the long-haul.
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