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Technology Stocks : Satellite Radio & Competing Technologies

SIRI 21.68

0.0%

9:30 AM EST

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From: i-node	3/30/2005 10:59:05 AM
	of 180

Stifel updates... stifel.com The NPD data is significant. What it reflects is what has been discussed here and in the other threads for a while -- that the Stern Publicity Stunt provided a temporary bounce that is being overcome by XM's technology advantage. With these numbers, XM is back to near pre-Stern levels at retail (after you factor in Walmart and XM Kiosks, which were good for about 5-6 points in Q4). It is a matter of time until the "Content is King" Koolaid drinkers have to start choking on their words. Merrill will have to have to eat the most crow IMO.

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