Should You Forget Sirius XM? This Stock Has Made Far More Millionaires

For investors who are old enough to remember, the latter half of 1990s was an incredible time. The advent of the internet and the subsequent proliferation of personal computers was going strong, yet conventional cable television and broadcast radio were still the chief way people consumed live media.The creation of satellite-delivered subscription-based radio companies Satellite CD Radio Inc. and American Mobile Radio -- both of which would eventually change names and then merge become Sirius XM Holdings (NASDAQ: SIRI) -- was almost mind-bending at the time. Shares of this whole new kind of company soared right out of the gate following their 1994 public offering, and understandably so.Things aren't quite as thrilling now. The internet, as it turns out, is also a solid and more flexible vehicle for delivering audio entertainment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool