Marc Gerstein

Sirius XM: A More than Viable Stock

I find this article disappointing.

The author has a very definite and fixed pro-SIRI agenda. It would seem that his platform, Satwaves.com, will cease to exist if SIRI vanishes. That, by itself, is not a condemnation. Agendas are commonplace on Wall Street, like everyplace else, but they do put readers on guard and cause those of us who are more neutral to look harder for facts. This article was not completely devoid of facts, but they were overwhelmed by his anti-Barron’s, anti-Motley Fool, and anti-Cramer rants. The latter even leaves me to wonder if the facts presented here were in context, or just random tidbits pulled to make a counter argument.

Steve, the question of SIRI’s future is a fascinating and challenging one. Since you seem to follow the company closely, might I request a follow-up article strictly on SIRI; just an analysis of the company and nothing at all on the emotions and agendas surrounding it.
What’s what now with SIRI’s subscriber counts, new signups, churn, pricing, etc. How does the cost picture look, not just capital costs but day-to-day operating and marketing costs?

I haven’t looked closely at SIRI in a few years (pre-XM merger) , and am curious as to where it now stands. If you want to help people understand a bullish case for SIRI, then please present one – sans the bear-bashing rants.