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

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To: pcstel who wrote (3149)1/21/2007 12:31:23 PM
From: i-node  Read Replies (1) of 3386
 
>>>While SIRI pays 150 million a year for Stern. It appears that XM is spending it's money on legal consul.

Two different things, and certainly two different amounts. XM's legal expenses won't significantly impact the financials; SIRI's expenditure on Stern threatens to bring it down, literally.

Stern owns Sirius, lock, stock, and barrel.

XM has spent no more on legal fees than SIRI has already paid RIAA related to the S50 and Stiletto. And these products have been failures!

>>> Of course it is a matter of time before XM will have to replace the offending units in the field with an updated unit.

LOL. You really know what you're talking about.
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