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

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To: i-node who wrote (3295)3/3/2007 11:12:15 PM
From: pcstel  Read Replies (1) of 3386
 
It is a pretty dramatic slowing, considering they have the Billion Dollar Man to keep bringing in subscribers.

CHURN kills... Another day passed by today and yet another 4644 subscribers deactivated their service @ XM. 4644 subscribers that cost a half a million dollars to acquire. In Q1. Almost half a million "subscribers" (not counting those OEM Promo subscribes) will deactivate their service. Today, XM had to spend another ~half a million dollars to acquire another 4644 subscribes to make up for the deactivations that left today. Tomorrow, they willl spend yet another ~half a million dollars to acquire new subscribes to replace the ones that will leave tomorrow.

The popsicles continue to melt!

PCSTEL
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