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

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From: Sirius_Rich9/20/2006 1:42:25 PM
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Parsons warns of lower take rate from OEM sales:

"He said conversion rates for people opting to pay for the subscription service after a free trial period has "bumped down to the 52% level." That compares with about a 54% conversion rate in the prior quarters, and is well below the nearly 60% win rate the company was seeing earlier in its history."

thestreet.com
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