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Iridium Communications Inc. Message Board

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  • augidog8407 augidog8407 May 19, 2011 8:49 AM Flag

    Is this company like siri radio? please answer

    I'm not outta touch, I'm just not a fan of 4BILLION SHRS of a useless technology. I'm also not much of a fan of radio period. I' drather own my own music so I buy it and support the artist (unfortunately the record industry too)....anyway, I will say SIRI has improved over the years, but they whored themselves out to Stern, and issue to many shares for this to EVER become worth holding! This company will never pay a dividend, and I believe one day this company will become irrelevant. Do I wish I bot 5000 shrs at .20c 2yrs ago, SURE, but that was 1 role from ZERO. I'm not losing sweat over it. As for SIRI, if you like them great, I don't I like IRDM. IRDM Has better long term growth potential, and over time they will contract more Gov'ts, which will in term turn into long term cash flows, increase revenues, and once the sat's get replaced/upgraded this company will blowup (price wise) The warrant crap, will fix it's self and the company is working on re-working these too. All in all, IRDM will be better than SIRI (Not the same companies) same in basic functionality, pay for sat use. IRDM should be trading in the mid 12's, and it will get there it just needs to break out (that's coming)! Buy today, don't think SIRI will make you good money, IMHO the SIRI model is fading.

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