01-14-2004, 11:41 PM
You should short Sirius. Stock's currently trading at 110 years worth of revenues.
$17,000 per subscriber when they get $120 a year in revenues from each.
And it's not like they can leverage that business to anything else? At least cable companies can move into cable telephony, video on demand, broadband internet. What the hell can satelitte radio give you?
Whoopeee! Commercial free radio! Yeah. I have that already. It's called an MP3 player.
$17,000 per subscriber when they get $120 a year in revenues from each.
And it's not like they can leverage that business to anything else? At least cable companies can move into cable telephony, video on demand, broadband internet. What the hell can satelitte radio give you?
Whoopeee! Commercial free radio! Yeah. I have that already. It's called an MP3 player.
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