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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: Bill Keating who wrote (3079)12/5/2006 12:30:16 PM
From: pcstel  Read Replies (1) of 3386
 
I see no reason to gloat over Sirius' problems. If retail sales are slow for Sirius, you can be sure that they are slow for XM as well. This is a blow to the entire industry.

All of this is not news at all to those that understand subscrIber models and the inner-workings of "popsicle stands'.

The growth story is evaporating from these "story stocks". When you remove the growth story. Both of these stocks are "wildly over-valued"

When you remove the growth, all you have is two popsicle stands slowly melting away shareholder value.

And so it goes,
PCSTEL
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