XM Satellite Radio Holdings Inc. (XMSR) Message Board

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

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To: Ditchdigger who wrote (212)	1/3/2002 3:23:51 PM
From: H James Morris	Read Replies (1) of 3386

>>XM Satellite Radio (XMSR: news, chart, profile) lost more than 7 percent in midday action. The shares appear to be reacting to a lukewarm review of the current state of the company's satellite radio service in Thursday's Wall Street Journal. The article says that the service is "an artistic success," but then goes on to list a number of drawbacks, including significant cost, and poorly designed radio receivers. XM's service, which offers 100 channels for $10 per month, could also face competition from home-burned CDs that allow people to program their own play lists, according to the WSJ. Other sour points mentioned include spotty reception in some areas, and the presence of advertising on most channels despite the monthly fee. Shares of Sirius Satellite (SIRI: news, chart, profile), which is scheduled to unveil a competing service in February, gave back more than 9 percent.<<

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