They are two differentiated brands. If you like MLB, you would subscribe to XM. If you like Football or Howard Stern you would subscribe to SIRI. I think there is no argument that there are more Football and Stern fans out there and SIRI holds the advantage. The flaw in the analysis presented by Mr. Cory Johnson and his source Mr. Sean Bustin of Legg Mason is that they are equating the two companies. They are not the same bag of potato chips. One is Frito Lay and the other is Doritos. They can Take those two bags and smash them against their heads because they are missing the point!
Hey genius valuate other companies and come back with that rational. Yhoo, AAPL before ipod, you want more retard. Most companies trade way past their earnings. BoA is finished.Oh you did not read the new promotion:Her I will fill you in. All SIRI shareholders are encouraged to close all accounts and credit Cards from Banc of America. When SIRI smashed 4 mil subs in 2005 that will be 4 mil less customer for Banc of America. You get the point. So when MEL downgrades Boa to worthless liars who own xm and have an interest in bashing SIRI, then you can join the longs at a premium. GO SIRI!