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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: pcstel who wrote (3361)4/29/2007 3:40:55 PM
From: i-node  Read Replies (1) of 3386
 
ROTFLMAO!! I don't know.. Why don't you ask YOUR MANAGEMENT??<?I>

Idiot. You had to carefully cut the remark out of context to make it appear support your position. If you bothered to look, they were referring to XM's adjusted EBITDA figure.

XM has consistently reported all stock-based compensation as an expense (which they are, of course, required to do). Furthermore, they have consistently considered it in other metrics (like SACs) which they are NOT required to do (and which Sirius chooses NOT to do).

Maybe they can tell you why the present a metric like EBITDA loss while excluding stock based compensation?

I have no idea why any company would do it -- perhaps to fool nitwits like you into thinking financial performance is better than it is?
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