J'Mal
Joined: Unknown
Posts: 0
Re: XM Radio
August 08, 2003 at 09:37 PM UTC
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One minute of commercials per hour on SOME of the channels to get great programming sure beats commercial-free christina aguilera all day long. Also hate to disappoint you mankie but sirius does not have an equivalent for U-Pop.
As for the market, XM is a somewhat controversial stock. Yesterday's selloff was a ridiculous over-reaction to standard insurance negotiating tactics. Full disclosure: I've got a huge position in it and I slept well last night, as unpleasant as it was during the day.
I've visited XM a few times for various reasons and it sure seems like a wonderful place to work.
Paige – who are you on the air?
Joymonster
Joined: November 01, 2001 at 06:01 AM UTC
Posts: 701
Re: XM Radio
August 08, 2003 at 10:08 PM UTC
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Originally posted by J'Mal:
As for the market, XM is a somewhat controversial stock. Yesterday's selloff was a ridiculous over-reaction to standard insurance negotiating tactics. Full disclosure: I've got a huge position in it and I slept well last night, as unpleasant as it was during the day.
It recovered 13% today. Now would be a good time to buy shares.
J'Mal
Joined: Unknown
Posts: 0
Re: XM Radio
August 09, 2003 at 02:24 PM UTC
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Mankie, XM doesn't have sponsored programs like "brought to you by" anywhere. The commercial free channels are commercial free.
If you buy a newspaper or a magazine or cable TV, you are definitely "paying for ads." Relative to other media, the ads on XM are symbolic. Believe me, after the crap radio you've become accustomed to, it is difficult to imagine just how ad-free XM really is. They're not stupid, they know nobody will pay for the same crap that's on the air right now.
Also, I beg to differ about the depth of selection on XM v. that of your CD collection. It couldn't be more opposite than you imagine. As I'm sure Paige would confirm for you, XM is committed to having every single CD ever released in its system, and I believe they're up to something like 25 or 30 terrabytes – well over 2 million songs in their library not including a big room full of CDs. Whatever obscure request you can imagine, they will probably play it for you in very short order. (Also unlike crap FM).
With your CDs you are already familiar with everything. XM does what radio may once have done a long time ago, and is supposed to do: it introduces you to new music. Because the selection is so vast, there is very little repetition, except for maybe 20 on 20, which is designed to play the top 20 as voted on constantly.
I have definitely been buying fewer CDs since getting XM, but the ones I do buy are usually things I've heard on XM that I would not have necessarily heard anywhere else without some serious internet exploration (my previous way of learning about new music).
Finally, as for catching the bottom in the stock before it shot back up, that's a tricky thing to do. Most people who aren't glued to the screen and don't have a feel for technical analysis aren't going to pick such sweet spots. The absurd selloff did confirm very solid support at 10, a previous support level from which the stock bounced hard on massive volume. This is as good a time as any to buy.
Got Haggis?
Joined: October 22, 2001 at 05:01 AM UTC
Posts: 2016
Re: XM Radio
August 10, 2003 at 03:06 AM UTC
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yeah i have it and love it…..they do tend to repeat a lot of songs though (nothing has bad as regular radio)…but for example, XMU is still playing some of hte same songs I heard when I subscribed a year ago…several times. still though, well worth the investment.
lily1
Joined: September 30, 2002 at 05:01 AM UTC
Posts: 2138
Re: XM Radio
August 10, 2003 at 05:12 PM UTC
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if i had to do a drive in commute every day, this would be mandatory on my car purchase. no doubt about it.
anyone read though about the satellite problems? apparently boeing did a crap job building the satellites and now the insurance xm has isn't paying out because the faulty equipment. it was in the post the other day. let me see if i can find it and i'll post.
lily1
Joined: September 30, 2002 at 05:01 AM UTC
Posts: 2138
Re: XM Radio
August 10, 2003 at 05:13 PM UTC
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sniper10
Joined: Unknown
Posts: 0
Re: XM Radio
August 11, 2003 at 12:28 AM UTC
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Considering that radio around here sucks except for WRNR and WMDT in Towson it's a great concept and a good stock to own.
I bought it back in March and think by next year it should be in the $18 - $20 range. That insurance news is just a minor glitch.
MaLo
Joined: July 29, 2002 at 05:01 AM UTC
Posts: 670
Re: XM Radio
August 11, 2003 at 02:32 AM UTC
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I just got back from a road trip to Cleveland. XM radio successfully entertained me for 16 hours of round trip driving this weekend. I'd highly reccomend it…only problem is that every once in a while a big truck'll drive up next to you and the signal is lost…and that always happens right in the middle of a song that you are jamming out to.
J'Mal
Joined: Unknown
Posts: 0
Re: XM Radio
August 11, 2003 at 05:26 AM UTC
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The satellite thing is a non-issue. All satellites have to be replaced eventually. XM has to replace their two a bit earlier than planned due to Boeing's screw up, which is what satellite insurance is for.
XM has the bucks to launch #3, planned for the end of next year, and could easily raise the cash to launch #4, not needed until 2007 or 2008, even without the insurance payments.
lily1
Joined: September 30, 2002 at 05:01 AM UTC
Posts: 2138
Re: XM Radio
August 11, 2003 at 05:27 AM UTC
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i know, but i'm hardly home long enough to enjoy it. now, if they made it in a walkman version, that'd be great! i spend more time on metro than i do in my own house! but out of curiosity, how much does a boombox cost? its still the $10 rate, yes?
Originally posted by paige:
lily, you CAN get it in your house too :p [/QB]
lily1
Joined: September 30, 2002 at 05:01 AM UTC
Posts: 2138
Re: XM Radio
August 11, 2003 at 03:48 PM UTC
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get this, i work for an internet company, but we are not allowed soundcards at work! whacked, i tell ya!
i'm thinking i'll save up and buy the boombox for my bedroom since the computer is in the alcove and the stereo in the living room.
J'Mal
Joined: Unknown
Posts: 0
Re: XM Radio
August 11, 2003 at 03:52 PM UTC
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why not move the stereo to the bedroom since you never listen to it anyway? the home adapter for your stereo is cheaper than the boombox and you'll probably get better sound…
lily1
Joined: September 30, 2002 at 05:01 AM UTC
Posts: 2138
Re: XM Radio
August 11, 2003 at 03:57 PM UTC
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you've got a point about the sound quality but the stereo needs to stay in the living room as it won't fit in the bedroom with its current setup. damn odd shelving system i have. this is when i wish i owned my place and i could just rewire the joint and fix this problem all together!
paige
Joined: Unknown
Posts: 0
Re: XM Radio
August 11, 2003 at 04:29 PM UTC
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i think J'Mal knows more about xm than i do. :p