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

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From: sixty2nds7/20/2006 3:24:49 PM
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20-Jul-06 10:49 ET In Play XM Satellite downgraded to Hold at Morgan Joseph (11.80 -0.71) -Update : Morgan Joseph downgrades XMSR to Hold from Buy as they believe the co will probably lower its current 8.5 mln forecast when it reports results on July 27. Firm also notes that the longer XM's radios remain off store shelves, the better the chance that subscriber additions will suffer further. Firm believes co has lost momentum to SIRI
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