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Thread: Motley Fool says XM worst stock 08

  1. #1
    clueless is offline
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    Joined: May 2007 Location: New York Posts: 251

    Motley Fool says XM worst stock 08

    http://www.fool.com/investing/value/...ite-radio.aspx

    This is a pretty solid and interesting take on what is going on with XM right now. I had no idea that their net subs vs gross were so damn bad. What were the Sirius numbers for that same time period?

  2. #2
    eduardo is offline
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    Joined: Nov 2007 Posts: 31
    Sometimes I wonder if it is really worth Mel's effort to buy them out especially 4.6 to 1 , 2 to 1 is more like it in my book as far as actual value . I believe that the changing political landscape and the prospect that Fed approval may be harder later than now is what pushed Mel to act quickly on a deal . And the prospect of another company with deep pockets buying XM and becoming a viable competitor .

    You could see that XM was in big trouble for the last year to year and 1/2 and as it stands right now there is no doubt in my mind that XM would have gone belly up within the next two years without a buyout by Sirius or someone else .

    I guess it's still a good deal for Mel , Sirius and we shareholders because we don't have to worry about someone else buying that license and a steal of a deal for XM shareholders . I know that once Mel gets a hold of the whole Sat Rad pie we shareholders will be smiling broadly within a year and for a long time after !
    Last edited by eduardo; 02-04-2008 at 06:19 AM.

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