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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: pcstel who wrote (3153)1/21/2007 5:50:43 PM
From: i-node  Read Replies (1) of 3386
 
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.

Fair enough.

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.

Okay, we don't what the overall demand is going to be yet. When we know, perhaps you'll be proven right, perhaps you'll be proven wrong.

Did you know that it is possible for a company to be profitable.. and still file bankruptcy?

Duh. If a company can't be shown to be viable, bankruptcy isn't an option. The potential for profitability is a prerequisite to a bankruptcy. If you can't show the court a way to profitability, they will not be given protection.
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