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


To: i-node who wrote (354)11/18/2002 11:16:20 PM
From: verdad  Read Replies (1) | Respond to of 3386
 
You must have inside information, because the facts I'm operating off of are the current and past financial statements of XMSR. If, in all honesty, you know for a fact that GM et al will bankroll this business through an indefinite start up period, then you are right, I could be lacking the same information you do. However, in the midst of a long drawn out economic downturn, brave new world product launches based on previous irrational exuberance financial market strategies may face challenges. These challenges could include seeking bankruptcy protection from creditors to whom $415 million is owed. Common shares could be in for a bumpy ride until this one is settled.