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

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To: pcstel who wrote (548)4/23/2003 5:34:43 PM
From: i-node  Read Replies (1) of 3386
 
Sorry! High Risk Debt Laden Telecom Junk is not my idea of an investment.. No matter who tries to tell me otherwise!

I think you and I have gone far beyond producing sensible debate here, so let's just drop it. I'm pretty pleased with my investment.

But I will be interested in knowing how you come out on your short long-term. A lot of shorts have been killed on this stock during the last week. A little pullback ought to come, and if you bail out then you may make some money. But if you try to stick with it long term you'll be killed.

I think it is likely the stock will see high teens to low twenties between now and year end. Highly unlikely it will see 5-6 again...
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