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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: pcstel who wrote (2866)9/23/2006 9:22:57 PM
From: kovachs  Read Replies (1) of 3386
 
Now, you can start Himmin' and Hawwin' and make up all sorts of EXCUSES. But, the numbers are, what the numbers are.

Yes they are. It should be a clue that in spite of your contention that Sirius has lower churn, and that Stern is profitable Sirius actually loses more money than XM. Since Sirius is about a year behind XM in subscriber #'s one should compare XM's financials of last year to Sirius' estimated financials for this year. Sirius is on pace to lose much more money than XM lost last year. How is this possible if Stern is "profitable" and Sirius has "less" churn than XM?
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