Both SIRI and XM seem to be on track to go profitable next year. Price of customer aquisition is down. XM may have more car deals, but I see SIRI catching up there. My decision to back SIRI over XM has always been on the basis of SIRI's superior programming, talent, and content deals. The stock seems to have nice support in the $3.60-$3.80 range. A drop below $3.50 and a recession in the larger market could take this stock to $2-$2.50, but I see it hitting $6 before Q3 2007. I see a lot of good news coming out of both satelite radio companies over the next few months, which should bring them back into favor with investors.
$3.88 (12/08/06)
