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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: Sirius_Rich who wrote (2749)8/11/2006 8:15:03 PM
From: pcstel  Read Replies (1) of 3386
 
Or just the offending party that tried to cover it up. At least Sirius came clean on the offense and named a few employees. Both made errors.

Well, it appears that one of the offending parties is back in business with 90% of it's radios back in production. While the other party appears to have the web of investigation widening around it.

The one thing that everyone on both sides should understand.. Both of these companies now have a "monkey on their backs". And that monkey is your friends at the NAB. They are going to be making damn well sure that every model that comes out of a box is within the limits from now until the cows come home.

So let's take a look back. It was June 20th when SIRI received it's "non-compliance" letter directly from the FCC. It took them ~50 days to get their devices redesigned and compliance acceptance granted by the FCC. As the scope is now increasing for XM. 50 days would bring it until the end of September first of October to start manufacturing again.

Three weeks to get the units built and the distribution pipleine filled brings us to the end of October. That's IF they can get this resolved in the 50 day period that SIRI managed.

I can see those popsicle's that the Good Humor man just delivered are going to need replaced again real soon. That 7.7 million figure may start to look like the HIGH end of guidence, instead of the low end.

And so it goes,
PCSTEL
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