SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Keating who wrote (2709)7/23/2006 12:20:34 AM
From: pcstel  Read Replies (1) of 3386
 
I don't know what your agenda is, but I think you are being too pessimistic.

OK! I'm being too pessimistic. Or let's just say that I am less optimistic than you are.

Mel has a proven record of success which, in this case, he has backed up with millions of his own money. That is as positive a sign as Panero's December selloff was a negative.

I have a long list of over optimistic CEO's that piled millions of their money into loser equities that ultimately end up in BK.

And you never really answered my first question about Q2 revisions occurring after Q2 subs have already been announced.

I didn't think I really had to answer anything. I mean it sounds pretty self-explanatory to me?

Here is what the article stated.

XM Satellite Radio is likely to lower its second-quarter guidance next week in light of the Federal Communications Commission's decision Wednesday to dismiss new equipment certifications for the company, according to reports by two Wall Street analysts.

So in the CYQ2 (second quarter). XM provided revised downward guidance for the rest of the year. R.M. Schneiderman simply wrote that XM is expected to revise that guidance provided in Q2 downward even further. And with that goes those UFCF milestones that have been revised every year since...well...from sometime around the Johnson administration. LOL!!

As to your 30%, I think a take-up rate of over 50% on automobile subscriptions is pretty damn good; good enough to support the industry as SatRad installations become standard equipment on all automobiles.

Oh! They would be pretty damn good if it weren't for the fact that they are paying a near fortune in CPGA expenses that are cloaked as Marketing and Retention Expenses to attempt to convert promo users into self-paying subscribers.

As I have maintained for well over 5 years. These SDAR business models are nothing more than Popsicle Stands. The real CPGA is way too LARGE for the corresponding ARPU that is received. The high CHURN rates will only hasten their trip to the Re-organization parade.

And so it goes,
PCSTEL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News