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

To: pagejack who wrote (304)	8/20/2002 3:30:59 PM
From: Michael Hart	Read Replies (1) \| Respond to of 3386

Hi Pagejack, You are absolutely correct. It is a matter of trading styles etc.. I break out a chunk of my assets and pretend I'm a VC type investor looking for large gains with that portion of my investment money. XMSR prior to the next round of financing is very risky if you assume there is any chance they will not get the next round or if you believe that financing will be so burdensome that it will just suck them under anyway. But with that risk comes big rewards if you get in prior to the next round if it works out. XMSR is my pick for now with my high risk dollars.... Who knows, maybe the liberals in congress will pass a law requiring that requires access to XM for everyone and not just the rich......!! If, like you, I were using more conservative investment money than I would invest as you have proposed. It's been nice having a knowledgable debate about this company with you (and Tiger), I look forward to more in the future. Be well, Mike