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

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To: i-node who wrote (2095)1/19/2006 8:47:51 PM
From: pcstel  Read Replies (1) of 3386
 
As I told you back then, you don't comprehend the power of the business model.

LOL! !That is obvious.. Just getting tired of wondering WHEN we will see the power?

I just have one question for you. About 4 years ago.. You made this statement.

There is no question we'll see considerable dilution -- the company has clearly stated its expectation that an addition $400-600 M will be required before break even. The premature satellite failures could require even more. But, it still isn't a problem. This business will be a money maker long term.

I guess I didn't really understand what you were talking about when you made this statement. When you said that an additional $400-600Million would be required before break even. I was under the assumption that you were talking about MONEY. As in $400 - $600 Million Dollars additional. I didn't understand that you were talking about another 400-600 Million SHARES to be issued.

As Dorthy sang on The Wizard of Oz...

"Somewhere Over the Rainbow".

And so it goes,
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