XM Satellite Radio Holdings Inc. (XMSR) Message Board

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

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To: i-node who wrote (2949)	10/11/2006 8:09:56 PM
From: pcstel	Read Replies (1) of 3386

It certainly didn't. Sirius paid 3/4 billion for it. And when XM was "paying for it".. You stated.. When you look at the underlying business model, the company looks great. When you look at management performance, it looks great. The fact that they've lost a ton of money is not unexpected nor was it avoidable. If such businesses were not worthy of financing, we could NEVER have a successful enterprise of this scale again. Anyone else notice the HYPOCRISY here? Delayed, but I don't believe it is radically changed, otherwise. Ahhh!! The Popsice Stand rides again.. LOL! Like I said 3 years ago.. "Ahhh! Yes!! The Cash Cow syndrome!! Every subscriber model investors Nirvana! However, Nirvana always seems to be just over the horizon. All we need is another 1 million subs, or all we need is CPGA to drop $30 dollars." Message 18877317 Lots and lots of excuses in the Popsicle Stand business. And so it goes, PCSTEL

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