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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: i-node who wrote (2222)2/17/2006 2:27:33 PM
From: pcstel  Read Replies (1) of 3386
 
I don't know; I do know that I wouldn't have touched the Iridium business model with a ten foot pole.

LOL! Me neither! But, many a "bean counter" disagreed with me at the time. Said that I didn't understand the business model.

This one is different they claimed.. A new paradigm so to speak..

"Throw away your old Subscriber Metric Rules, this one is a RULE BREAKER" I was told..

Yada, Yada, Yada..........

In the end.. it turned out to be just like every other subscriber model before it.

And so it goes,
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