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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: i-node who wrote (356)11/19/2002 12:00:50 AM
From: verdad  Read Replies (1) of 3386
 
By when does XMSR hope to gain 1,000,000 subs (potentially cash flow break even if costs were reduced)? When might XMSR be able to get ANNUAL operating costs under $130 million? If these items were a certainty, this would might make this business viable. Is there a place where the plan you keep referring to (assuming its the same one used by XMSR mgt) is described in detail?

"The startup period isn't "indefinite". As was mentioned in the link concerning the S&P cut, the company is executing perfectly according to plan and there is no reason to expect that it will do otherwise."
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