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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: DaveMG who wrote (2236)2/21/2006 10:08:11 AM
From: sixty2nds   of 3386
 
08:21 XMSR XM Satellite upgraded to Buy at Janco (21.57 )

Janco upgrades XMSR to Buy from Market Perform following earnings. The firm says while XM may have tarnished its image of strict financial discipline, they expect the co will revert to its old ways of growth at a reasonable price. They expect that XM will demonstrate strong cost controls in 2006, setting the stage to turn free cash flow positive in 2007.
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