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To: lee kramer who wrote (17452)	5/15/2002 11:04:49 AM
From: Connor26	Read Replies (1) \| Respond to of 26752

nice little pop on XMSR

To: lee kramer who wrote (17452)	5/15/2002 11:21:08 AM
From: Connor26	Read Replies (2) \| Respond to of 26752

Lee - yesterday's news but the line about only 412 subscribers caught me off guard - Tuesday May 14, 6:27 pm LOS ANGELES, May 14 (Reuters) - Sirius Satellite Radio Inc. (NasdaqNM:SIRI - News) on Tuesday reported a wider first-quarter loss and said it would launch its satellite radio service in 10 more states on Wednesday in an attempt to rapidly build up its still tiny subscriber base. In the first quarter, Sirius began taking on subscribers for a monthly fee of $12.95 for its service, which includes 100 channels of all-digital music, talk and sports programming, with some commercial-free channels. It said it had 412 subscribers at the end of the quarter. The company has forecast it will have 100,000 to 150,000 subscribers by year-end and analysts have estimated it needs about 3 million subscribers to break even on a net basis. Sirius, which launched its service in four cities on Feb. 14, intends to have nationwide coverage by July 1. The service has been steadily rolling out to more locations and will be available in 28 states this week.