View Full Version : Sirius 10 years old?
Paul Secic
09-14-04, 01:31 PM
I just read on Records and Radio that Sirius Radio is ten years old. Is this the same company thats on Dishnetwork? I they were around three years old.
FTA Michael
09-14-04, 01:59 PM
A quick Google search found that they launched their second satellite in 2000. Given that Sirius had to be incorporated well before then, I guess it's possible that the company (not the service) has been around for 10 years.
BobMurdoch
09-14-04, 03:22 PM
They rang the bell at Nasdaq celebrating their 10th anniversary. They HAVE been around that long. It just took them a few years to build the infrastruture.
Of course you did NOT want to be in on that original IPO. The stock has dropped a lot since then, although it has quadrupled in the last 18 months from its lows.......
Richard King
09-19-04, 05:18 PM
Was it Sirius that used to be called CD Satellite Radio, symbol CDSR? I know one of the two started life under that name. As for the stock, I bought some way too high and held on to it through the fall. I also have been in and out of about 3 times as much as I bought high several times, I guess this would be averaging down. I still have my initial bunch though and will probably hang on to it for some time.
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