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

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To: i-node who wrote (341)11/18/2002 8:36:39 PM
From: verdad  Read Replies (1) of 3386
 
'Of course not.'

How can you respond in absolutes? Do you work for XMSR, its affiliates or any financial institutions that may have some type of interest related to XMSR or within the industry that XMSR intends to create/join?

As for financial analysis, let's look at the $5.8 million in revenue for the quarter and compare it to $114 of losses. Subs must grow approximately 20x, while costs remain unchanged (to break even on cash flow). Meanwhile $450 million of debt must be serviced.

This venture may eventually succeed, but likely not until financial restructuring that wipes out common shares.
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