XM Satellite Radio Holdings Inc. (XMSR) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Keating who wrote (2711)	7/24/2006 10:58:26 AM
From: sixty2nds	of 3386

09:48 Previews on XMSR and SIRI: Remain Cautious on Both Stocks - AmTech AmTech notes that XMSR reports this Thursday and SIRI reports next Tuesday. Declining year-year growth in retail net adds appears to have turned negative this quarter. The impact of FCC inquiries on the miss for XMSR and current status will be important for both stocks. SIRI filed an 8-k last week indicating certain employees instructed suppliers to continue production of non-compliant radios. It appears SIRI decided to ignore the FCC until after Father's Day. Firm lowers their ests for both cos, with a more aggressive cut for XMSR and only slightly for SIRI. Firm expects XMSR will guide-down. Depending on impact of FCC compliance issues, SIRI may either reiterate guidance or temper expectations somewhat. As mix shifts from retail to OEM firm would like to see more disclosure from SIRI, who is very aggressive in counting subs. Typically 15-months or more before OEM promotions choose to become self-paying. SIRI does not disclose how many subs are in promotional periods or the rate of conversion into paying subs.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next