George Bowser Jr

Goldman's Sirius Call: Solid Thesis, Poor Timing

You may have something here. I do not think the financial fundamentals are too ripe for the satellite radio industry. For example, the lack of advertising (The last time I checked anyhow). Plus, consumer spending is down, as well as the purchase of vehicles. Unless they create a new product, I do not like the viability of either company as a public entity, maybe private, similar to what happened with Satellite phone service. Those companies went bankrupt(Iridium and Globalstar) and did not show any type of consistent revenue generation until, I hate to say, the war of terror started.