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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: pcstel who wrote (2094)1/19/2006 6:56:31 PM
From: i-node  Read Replies (3) of 3386
 
>>> Hows that CHURN doing these days??

The churn is just fine -- about where it was to begin with -- 1.3-1.5%.

As I told you back then, you don't comprehend the power of the business model.

You can always find naysayers -- but the fact remains that XM's annual losses have peaked and for '05 the loss will be greatly reduced over '04 (by at least $150 M) and for '06 it is likely to be reduced by more than that.

At the time, you were sure SACs and churn would destroy XM; yet, SACs have been well-controlled as has churn.

I'm not sure why this is so difficult for some people.
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