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Technology Stocks : Sirius Satellite Radio (SIRI)
SIRI 20.33-1.3%3:59 PM EST

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To: i-node who wrote (905)9/22/2004 4:49:39 PM
From: cirrus  Read Replies (1) of 8420
 
I was unaware SIRIs SACs were that much higher. Why is that? I would expect the SAC to be pretty much a fixed cost, with per subscriber cost declining as more subscribers are added. Are they subsidizing equip to an extreme, which would be a variable cost?
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