Reality May Be Catching Up With Satellite Radio Hype

If you missed your chance to invest in cable television in the 1980s, and then missed your chance to invest in personal computers in the early 1990s and then missed your chance to invest in the Internet in the mid-1990s, then the market gods are giving you one more opportunity to get ahead of the crowd: You can invest in satellite radio right now, right here in the early '00s.

Satellite radio is an idea that seems to have been around forever, but that's only because hype over the technology got started long before the service actually became available. Now the situation seems to be inverted, as there might actually be less hype than the market opportunity merits, with one of the two leading companies just barely poking above penny-stock status last week, after the recent announcement of surprisingly strong sales growth and a vote of confidence from a key customer.

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