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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: pagejack who wrote (326)11/18/2002 11:26:16 AM
From: i-node  Read Replies (1) of 3386
 
Morgan Stanley said today that XMSR hopes to obtain financing in early '03 on a basis which does not dilute shareholders' equity.

This would be great. Because they are executing right on target with their projections, I thought it might be possible to get some funding through some kind of debt. If nothing else, this should provide some temporary funding until the stock price rebounds a bit (which it will as they build momentum toward break even).
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