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Originally Posted by vdc-Loki
should I pick up a handfull of shares for the compition XM (XMSR) to hedge my bets so to speak, or wait for a possible 3rd company to pop up?
-Loki-
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Personally I would wait till you have a profit from Sirius you are satisfied with then sell and buy XM. I already bought SIRI in the fall last year and sold at the end of the year. The Howard Stern thing will be all played out soon and I think they will peak. They are the underdog. XM is 3 times larger and it has some major new announcements planned. As for a 3rd company. There isn't/won't be one. satellite radio will be Sirius and XM just like satellite TV is Dish and DirecTV (except that Rupert Murdoch now owns both of them). It would be madness for a 3rd company to try and compete - so it's almost certain not to happen.