Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: i-node who wrote (414)	11/26/2002 12:47:31 AM
From: pcstel	Read Replies (1) \| Respond to of 3386

My point is, the "metrics" you mention are just someone's determination of what is important to THEM, and these items have no specific accounting meaning (thus the reason for requesting you clarify YOUR meaning of the word "churn"). I have to disagree. The "metrics" I mention are accounting terminology that is a STANDARD basis for subscriber models. Terms such as CPGA, Churn, etc. What there is not a clear industry standard term for is "Subscriber Acquisition Costs". In this case. The term ""Subscriber Acquisition Costs"" as reffered to by XM means what they want it to mean. Which is basically valueless in determining what it really costs them to add a subscriber. So you have to use what few metrics they do provide and try and relate those into more specific metrics.. So while they XM may claim thier version of ""Subscriber Acquisition Costs" are only $130 dollars. In reality, a quick check of the Cash Flows tells you a much different story. Actually, well in excess of $400 dollars. PCSTEL