Sirius financial figures are in deep doo-doo!!!
Trailing PE -8.48
Forward PE -8.76
[That's right, both PE's are NEGATIVE!]
Take a look at the company's financials, if you really want to get scared. Their liabilities far outweigh their assets. They have a NEGATIVE cash flow, which is getting worse [$616.7 million in 2004, $219 million in 2003]. Earnings were -$0.57/share in 2004 and -$0.38/share in 2003. Although this is an improvement of a whopping -$6.34/share in 2002. Hasn't turned a profit in 4 years. [Can anyone say "Dot Com Bubble?] Too much of a crap shoot in my book!