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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: i-node who wrote (3152)1/21/2007 3:25:36 PM
From: pcstel  Read Replies (1) of 3386
 
On the one hand you claim these companies are spending themselves to death and can never become profitable, on the other hand you try to spin the Stern deal as a positive.


First of all.. You keep making up my "claims". I have always maintained that these companies could never generate enough profit to pay back their debts. And the overall demand for the product was not a large as the "financial wizards" around here were proclaiming. That instead.. They would "melt away" their funding and await their fate in Bankruptcy. Did you know that it is possible for a company to be profitable.. and still file bankruptcy?

I also told everyone that the cost of content would rise sharply as these companies matured.

I believe that Sirius needed Howard Stern in the same way that XM need the GM Deal.

You justify the GM deal as a survival tactic. I believe SIRI see's the Stern Deal in the same light.

In the end.. Neither will save them..

And so it goes,
PCSTEL
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