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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: pcstel who wrote (3316)4/9/2007 3:42:39 PM
From: i-node  Read Replies (2) of 3386
 
>> Great!! More "subscribers" that "Never wanted the service, Never once asked for the service, and Never intended to paid for it"

Yes, 40-45%, that's correct.

The other 55-60% will become subscribers who will be around for an extended period of time. In particular, Lexus/Infiniti (and other luxury car) owners are apt to view the $13/month as inconsequential and have no reason to drop it, ever.

Of course, if this lame-brained merger goes through, it hardly matters -- XM will be dragged down by SIRI's lousy performance. But that's a different story. Hopefully, FCC will stop it before it kills BOTH companies.
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