Sirius Opportunity in Satellite Radio [View article]
All of the above comments have credence. That said however, I have to look back on some of the small businesses I have been involved with over my adult life. For years I struggled with the question, of why the customer share buying my product wasn't higher, since my retail and sale prices were much lower than the competition's. I finally came to the realization that the buying public was mainly interested in convenience,and not low price! For this reason alone, like cable tv before it, the buying public will pony up for the convenience of ad free sports, music, talk shows, and news, despite early resistance to the idea. The marketing people, selling major brand automobiles have seen this as well! They are not prone to making many mistakes in their business, as competitiive as it is. This is the reason for the success of shopping malls as well. The lower prices and alaCarte convenience of the merged satelite company will give that consumer exactly what he wants, needs, and finally demands. The consumer of today, is not one of your grandparents mentality, {If you don"t have the money for the product beforehand, you don't buy it until you do!!!}. The selfish-{I WANT IT NOW!!!!!!!!!!!!!!!} mentality at all costs, as evidenced by the maxed out, and bankrupt credit card poison pills that the buying public wants and demands is further proof-positive evidence of this fact. I digress,so to my point-with this evidence of the future success of satelite radio imminent, the downside risk for owning as much Siri stock, at these prices, is very low. The upside is very great!!! Run, you big beautiful blue dog, run!!!!!!!!!!!!!! LONG SIRI!!!
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All of the above comments have credence. That said however, I have to look back on some of the small businesses I have been involved with over my adult life. For years I struggled with the question, of why the customer share buying my product wasn't higher, since my retail and sale prices were much lower than the competition's. I finally came to the realization that the buying public was mainly interested in convenience,and not low price! For this reason alone, like cable tv before it, the buying public will pony up for the convenience of ad free sports, music, talk shows, and news, despite early resistance to the idea. The marketing people, selling major brand automobiles have seen this as well! They are not prone to making many mistakes in their business, as competitiive as it is. This is the reason for the success of shopping malls as well. The lower prices and alaCarte convenience of the merged satelite company will give that consumer exactly what he wants, needs, and finally demands. The consumer of today, is not one of your grandparents mentality, {If you don"t have the money for the product beforehand, you don't buy it until you do!!!}. The selfish-{I WANT IT NOW!!!!!!!!!!!!!!!} mentality at all costs, as evidenced by the maxed out, and bankrupt credit card poison pills that the buying public wants and demands is further proof-positive evidence of this fact. I digress,so to my point-with this evidence of the future success of satelite radio imminent, the downside risk for owning as much Siri stock, at these prices, is very low. The upside is very great!!! Run, you big beautiful blue dog, run!!!!!!!!!!!!!! LONG SIRI!!!
May 02 11:01 am
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All Comments by killerkaul »Sirius Opportunity in Satellite Radio [View article]