Tuesday, December 12, 2006

Motley Fool: Steve Wozniak On The Future Of Satellite Radio

Satellite Radio, Digital Music, and the Woz
By Mac Greer12/12/2006

What does the future hold for satellite radio? Will Microsoft's (Nasdaq: MSFT) Zune take a bite out of Apple's (Nasdaq: AAPL) iPod? And why has the Segway been such a slow roller?
I recently talked about these topics with Apple co-founder Steve Wozniak, author of the new book iWoz: From Computer Geek to Cult Icon: How I Invented the Personal Computer, Co-Founded Apple, and Had Fun Doing It.
Mac Greer: Steve, I'll spot you up with a few different things happening in society and ask you, if they were stocks, would you be buying, selling, or holding? XM(Nasdaq: XMSR) and Sirius(Nasdaq: SIRI) have seen their stocks tumble a bit. So buy, sell, or hold the future of satellite radio?
Steve Wozniak: I would buy. Once you encounter it, it is a one-way street. You go through it and you don't back out. You just discover that there are more stations of the types you want at a very reasonable price and so they basically ... will hold their clientele, and it is large enough. I have to say, I am biased. I actually got to be a DJ on XM Radio a few weeks ago.
Mac Greer: Next up is a consumer item. There is a lot of buzz surrounding this. I know you are an early adopter -- in fact, I think, the first consumer adopter of this. Buy, sell, or hold the Segway? ...read more: here

12/12/2006 05:09:00 PM

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