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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR) -- Ignore unavailable to you. Want to Upgrade?

To: pagejack who wrote (302)	8/20/2002 1:28:15 PM
From: Tiger USA	Read Replies (1) \| Respond to of 3386

I believe the "good news" of finding financing, whether it is in the form of debt or equity, will more than outweigh the connotation of any proposed shareholder dilution. Shareholders who have done their DD have known since the last financing that XM needs further financing to continue. This is not new. One of the things that has held the share price of XM down though, is the uncertainty of attainment of said financing. I don't believe the attainment of financing is any problem for XM, but rather just a matter of working out favorable terms. Others may disagree, but debt vs. equity doesn't matter to me. They are the same thing in my book. The two items simply show up in different places on the balance sheet and income statement. One dilutes number of shares (equity) and the other dilutes earnings (through higher debt interest payments). Although there will be discussion +/- surrounding any announcement, I believe putting this chapter behind them will have a positive effect on the stock price as it takes the uncertainty out of the issue. TigerUSA tiger-usa.com