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Non-Tech : Delphi Automotive Systems (DPH) -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (338)	5/12/2003 8:33:36 AM
From: JakeStraw	Respond to of 397

Wal-Mart Sells Delphi, XM Satellite Radio Tuesday May 6, 10:57 am ET biz.yahoo.com NEW YORK (Reuters) - Automotive parts maker Delphi Corp. (NYSE:DPH) and XM Satellite Radio Holdings Inc.(NasdaqNM:XMSR) on Tuesday said No.1 retailer Wal-Mart Stores Inc. (NYSE:WMT) will sell Delphi and XM's line of portable satellite receivers, an agreement which lifted XM stock by more than 15 percent. Wal-Mart will sell the Delphi XM SKYFi system, which features a pocket-sized portable device that allows listeners to tune into the broadcaster's service using a home stereo or as part of a portable "boombox." Introduced in September, the radio receiver sells for around $130, and a kit that connects it to a home or car stereo goes for about $70. The system gives users attracted to satellite radio, with its diverse selection of music, talk and news channels -- many of which are broadcast free from advertisements -- the chance to listen to the system when not in a car. XM radios typically are installed in autos either at the factory or local dealers.