Thread: satellite radio
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Old 09-29-2005, 03:03 PM   #23
Perfectlap
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The big start up loses for Satellite radio are nothing to sneeze at but most successful companies on the Internet were running at huge loses for years until they even broke even. There's plenty of private equity out there to keep it running for several years. The fact that there may be only one player and millions of people willing to pay makes the outlook good. Sirius stock is trading at a fraction of XM. Those holding sirius stock could see their shares become XM shares and make a killing. The press of an impending monopoly could fuel a further uptick in the sock....memories of MSFT.
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