[Gadget] Two More Satellite Radio Stocks

Satellite Radio is becoming a billion dollar market with millions of subscribers added every year. However this hot market is dominated by only two company, Sirius Satellite Radio(SIRI) and XM Satellite Radio(XMSR). For investors there are probably not much choices if they want to invest in Salitellite Radio related stocks. Yet if you do further investigation you'll find the following two companys related to this billion dollar business.

• RF Monolithics Inc. (RFMI): the Dallas, TX based wireless components maker is providing component for both satellite radio giant - XMSR and SIRI. The rapid growth of the satellite radio market should benefit this company. Although the stock price has been beaten down badly to the near 52 week low of $5.25 per share, massive insiders buying this month should indicate the sharehoder and top executives are bullish of the company's outlook.
• On2 Technologies Inc. (ONT): the Clifton Park, NY based video compression technology firm is in partnership with XM Satellite Radio for the new satellite video which should be another big hit for the already red hot satellite radio industry. The company is still a penny stock trading at $1.1 per share today. The stock has been off the 52 week low of $0.57 per share in September and has since gained more than 100%. If the new satellite video become another billion dollar business, see the penny stock goes wild in the next few years.