http://fanellifinance.blogspot.com/2006/05/satellite-radio-is-awesome-but-are.html
I have been a subscriber to Sirius satellite radio since November 2004. I absolutely love it, especially for long car rides, and namely my commute to work three of the five days per week, which totals 150 miles per day. Do I have to have satellite radio? No. But I really want it. That is a quote you will here from approximately 10.5 million Americans, the amount of subscribers between Sirius and its rival, XM radio. The radio is relatively inexpensive at $13/mo. and approx. $50 - $200 for hardware, but anything is expensive compared to FREE (regular radio). Anyways, I love it, and won't get rid of it unless the companies ever go out of business.
Now, on the other hand, how about purchasing XM or Sirius stock? I thought it would have been a great idea last year, but held off because of each company's debt structure. HUGE expenses on both sides, due to primarily crazy spending on programming deals. One that pops into mind is Sirius paying Howard Stern $500 mil. over 5 years! Wow. Well, XM stock is down 33% this year, and Sirius is down 31%. So, not so sure on the stock purchase just yet, but who knows, maybe the technical analysis will trigger a purchase.
I have been a subscriber to Sirius satellite radio since November 2004. I absolutely love it, especially for long car rides, and namely my commute to work three of the five days per week, which totals 150 miles per day. Do I have to have satellite radio? No. But I really want it. That is a quote you will here from approximately 10.5 million Americans, the amount of subscribers between Sirius and its rival, XM radio. The radio is relatively inexpensive at $13/mo. and approx. $50 - $200 for hardware, but anything is expensive compared to FREE (regular radio). Anyways, I love it, and won't get rid of it unless the companies ever go out of business.
Now, on the other hand, how about purchasing XM or Sirius stock? I thought it would have been a great idea last year, but held off because of each company's debt structure. HUGE expenses on both sides, due to primarily crazy spending on programming deals. One that pops into mind is Sirius paying Howard Stern $500 mil. over 5 years! Wow. Well, XM stock is down 33% this year, and Sirius is down 31%. So, not so sure on the stock purchase just yet, but who knows, maybe the technical analysis will trigger a purchase.