If you are thinking about purchasing a Sirius Satellite radio receiver you might be interested to know ...
Dueling Fools: Sirius Bear Rebuttal [Fool.com: Commentary] July 21, 2005: "Sirius Satellite (Nasdaq: SIRI) also has a single, critical flaw, making this investment unsafe at any price. Assume that Rick's 20 million subscribers are not a pipe dream. Assume it could happen. And assume that $7 is a low price to pay for the profits that Sirius could earn off of all those subscribers. Even taking all those assumptions at face value, how many of those 20 million subscribers will stick around after Sirius' uninsured satellites go kaput and the company doesn't have the cash to replace them? Zero.
And what will the company be worth when that happens? Also zero.
All it takes to cripple Sirius is for one satellite to break down. If two satellites break down, the company dies, taking your investment with it. If Sirius' management isn't going to -- or can't afford to -- insure the interests of its shareholders, you can't afford to own Sirius. At any price."