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

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To: i-node who wrote (3356)4/26/2007 1:12:10 AM
From: pcstel  Read Replies (1) of 3386
 
Anyone who paid attention to the two companies' Q4 CCs would have concluded that XM did, indeed, trounce Sirius. Or, maybe you have conveniently forgotten that 1.1 Billion+ loss SIRI turned in?

From almost a buck more in average ARPU for Sirius, to trouncing XM in Net Adds and lower CHURN.

LOL!! I think you need to try and sell you story to all of the analysts that report just the opposite.

You also seemed to have conveniently ignored the fact that a significant portion of XM's loss was nonoperating, but it may be that you just don't comprehend the difference.

Not me.. You are the one that has kept on harping on the 1.2 MILLION dollar loss as a FACT, that really turned out to be 1.1 Million. But, you yourself fail to menition the SIZEABLE portion of SIRI's loss was also "nonoperating". To the tune of about 300 million dollars.

But, it sure sounds good to throw it into SIRI's numbers and hope that no one remembers the huge nonoperating charges in Q1 or 2006, while claiming that others "conveniently ignore" XM nonoperating chrages. I call it selective memory.. Or maybe just good ole' fashion hypocrisy?

And if you deduct that stock based compensation paid to Stern and others. Then things are really not that far off. So while SIRI choses to sell equity to pay the bills to certain payables. XM choses to sell their infrastructure (see satellites) to help pay the bills. You can always run a company without Sten.. But, it's hard to run a company without satellites.

And so it goes,
PCSTEL
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