You never should undervalue the management of a company. Looking at XM versus Sirius you can see that there is a very big management skill difference, and Sirius' management team knows what they are doing and where they are headed.
The stock has performed very well over the past two years, with a big part of this being attributed to signing Howard Stern. You can see the most recent chart of Sirius versus Google stock over the past two years. This chart shows you that Sirius has performed as well as Google at a much more affordable price.

The stock is trading at about 6.25 today, we should keep an eye on this baby to see what happens.
