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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: i-node who wrote (416)11/26/2002 12:57:59 AM
From: pcstel  Read Replies (1) of 3386
 
extremely high margins without the self-destructive nature of other high-margin businesses

Could you provide some more data on this statement. I already showed you that just the interest on a $180 subsidy cost you about $2.20 a month. So out of a $9.95 subscription, $2.20 goes to fund interest on your subsidy.

Let me ask you a question.. When did you buy your XM receiver? Do you see yourself "upgrading" that unit to a newer system? One of those nifty "SkyFi" units? How often do you buy a new car?

PCSTEL
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