Wednesday, November 19, 2008

More News Is Bad News

Every time I read something about Sirius XM Radio it is negative.

That is kind of fitting in an ironic way because last night I typed SIRI into the search box on the top of this page and confirmed that everything I have written on the company has been negative.

With the stock at $0.20 and the 10Q delayed, there is obviously more trouble ahead.

If the chatter around this week is true, the crown jewel, that it's a great product that people love, is being jeopardized by the merger of the two networks. The following headline from Ars Technica, "Sirius, XM subscribers revolt over merger-induced changes" may be all you need to know.

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