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Wren57 · 02-21-2006, 04:09 PM

I used to watch the stock market heavily and trade in tech stocks (back in HS when I had time to watch it). I've since put almost all my equity in safe long-term big-cap stocks and large mutual funds.

Right now I would be extremely cautious regarding satellite radio stock. With XM and Sirius fighting for not only customers but hosts (see Howard Stern $500M) they are making it cheaper for the consumer and more expensive to produce. The only way they will turn a significant profit is if they manage to get satellite radio mainstream (as in over 80% of cars). Until they do this, I don't foresee them doing so well, and I think we are still 5 years off from this.

I'd say it is a high-risk, high-return stock. Could go belly-up due to costs and slacking customer base, could go up considerably. All up to their marketing department and sales force. Don't put more than 15% of your money in these stocks.

02-21-2006, 04:09 PM	#8
Wren57 Registered User Join Date: Feb 2002 Age: 40 Posts: 2,856	I used to watch the stock market heavily and trade in tech stocks (back in HS when I had time to watch it). I've since put almost all my equity in safe long-term big-cap stocks and large mutual funds. Right now I would be extremely cautious regarding satellite radio stock. With XM and Sirius fighting for not only customers but hosts (see Howard Stern $500M) they are making it cheaper for the consumer and more expensive to produce. The only way they will turn a significant profit is if they manage to get satellite radio mainstream (as in over 80% of cars). Until they do this, I don't foresee them doing so well, and I think we are still 5 years off from this. I'd say it is a high-risk, high-return stock. Could go belly-up due to costs and slacking customer base, could go up considerably. All up to their marketing department and sales force. Don't put more than 15% of your money in these stocks. __________________ yeah, its that big