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: John McPherson who wrote (265)	3/19/2002 7:26:19 PM
From: i-node	of 3386

Now more than ever auditing companies are covering their ASSets This going concern qualification is not new; it was present in previous audit reports. There could be some dilution if cash becomes tight, but I do not expect failure. There is no question we'll see considerable dilution -- the company has clearly stated its expectation that an addition $400-600 M will be required before break even. The premature satellite failures could require even more. But, it still isn't a problem. This business will be a money maker long term.

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