"As a Sirius stockholder, this pleases me. As far as losing millions, satrad is still paying off their costs of putting up satellites. SIRI is expected to have positive cash flows by the end of the year."
Do yourself a favor and sell on an up-tick. The 2 companies have similar products and business plans. Siri will experience the same problems as XM. Eventually it will be killed by Ipods, multimedia cell phones, and universal wifi access.
I think there will always be a demand for radio. iPods can't give you live programming (yet) and universal WiFi is a pipe dream. In 5 years, every new car will have either XM or Sirius devices installed as standard equipment. SIRI will be the first to make a profit, and if the subscriber rates continue the way they are, Sirius should pass XM sometime next year.
I'd look for Sirius to acquire XM by the end of 2008.