If Sirius (siri) and XM Radio (xmsr) merge, do you think sirius stocks will go up or down. How smart would it be or not be to buy some siri stocks right now? And what about the monthly cost for having either on. Do you think it's gonna go up or down.
2007-02-26 00:27:38 · 5 answers · asked by Johnny 2 in Business & Finance ➔ Investing
The problem for investors is neither operation separately let alone merged has a believable business plan. The reason to merge is to attact new money from the selling of advertising time. The surge of advertising based programming will sour a lot of the subscription value to listeners. It is hard to figure out if there really is a future for the merged operation.
2007-02-27 05:17:40 · answer #1 · answered by lare 7 · 0⤊ 2⤋
The announcement was made of the merger already, so stocks have changed a bit already, (look at tuesday of last week 2-20-07) My advice is to stay out of it. Shares of Sirius are down low, which explains the need of the merger. The CEO of Sirius was on Howard Stern this morning and explained that they are not looking to increase the monthly costs of having service. No matter how you look at it, both companies are operating at a loss, so it would be a very long-term process to have the stocks make serious money. If you want a quick turnaround on the shares and are not prepared to wait for several years, do not buy them.
2007-02-26 00:38:57 · answer #2 · answered by Strategic Sourcing Expert 4 · 0⤊ 0⤋
I think the stocks will go up...I've owned Sirius for over a year now, but with an intent on keeping it at least 5 years.
Monthly cost I think will stay the same for now...until just about everyone has it in their car, then the prices might go up...until they are more dominant they can't go up much and expect to keep growing.
2007-02-26 00:31:08 · answer #3 · answered by Captain Jack 6 · 1⤊ 0⤋
They already merged like a week ago... so I guess look at the stocks now. I can only assume it will go up because they will pretty much dominate the satellite radio industry. But it was probably worth buying stocks 2 weeks ago as opposed to now.
Just google "sirius xm digg", and it's probably the first link.
2007-02-26 00:31:21 · answer #4 · answered by MarcusChi 2 · 0⤊ 4⤋
I think the whole business is gonna fail. people don't wanna pay for radio. Get out if you are invested and stay out if your not.
2007-02-26 00:30:37 · answer #5 · answered by Fletcher 4 · 0⤊ 2⤋