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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: i-node who wrote (334)11/18/2002 6:09:08 PM
From: verdad  Read Replies (1) of 3386
 
In a cash constrained economy where people will be forced to focus more on necessity items, is XMSR still going to be able to create a new, profitable luxury type service?

If XMSR could easily obtain the required financing as suggested, then why must XMSR wait until 2003, 2004 to prove the viability of their 'cash cow' business?

Bottom Line: Isn't Morgan Stanley under significant financial pressure themselves and might have a conflict of interest in indicating the future success of issues they underwrite?
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