XM Satellite Radio Holdings Inc. (XMSR) Message Board

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

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To: sixty2nds who wrote (2163)	2/16/2006 7:56:18 PM
From: pcstel	Read Replies (1) of 3386

Good morning Pstel. Any thoughts about SIRI. Another popsicle stand? Yup! CPGA too BIG. ARPU too small. Same as it's always been... Just a God awful business model. For Christ sake. It takes you a year and a half to recover your CPGA, with no cotract to even guarantee that. Let alone cost of capital. Heck, at least a cell phone company, or DISH gets a one year contract to cover their CPGA.

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