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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)

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To: DaveMG who wrote (551)4/23/2003 9:39:55 PM
From: i-node   of 3386
 
Don't know if you caught the head of Delphi on CNBC last week : "Everybody seems to want one of these XM radios for their car, picnics,boats. We are
completely sold out".


I believe there was also mention made, if not there, then elsewhere by a Delphi person, that they would have sold 1,000,000 units by next year.

PCStel has expressed the opinion here that SAC will stay up indefinitely. While we discussed it at the time, today the facts are out -- SACs are dropping bigtime, and will continue to do so.

As to the shorting, I can only say the guy must have nerves of steel. Even if you don't believe in the company it seems nuts to me to bet against the kind of momentum we're seeing right now.
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