SI
SI
discoversearch

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: Brasco One who wrote (598)5/1/2003 7:51:50 PM
From: i-node  Respond to of 3386
 
you have to be doing something to think this is gonna be a 5 billion dollar company

I've run the numbers, inside out. I'm not sure where you're getting "5 billion dollar company"...

With a PE of 20 to yield a $50 stock price with 400M shares outstanding you need earnings of a billion dollars. This company will earn a billion dollars with 20M subs (actually, less, depending on ad revenue). 20M subs is well within reach during a 5-10 timeframe.

There are a lot of people around who don't understand the business model. I do. I'm frankly amazed at the number of people who have failed to recognize the significance of this business. It takes only a few hours work to get through the numbers; once you done so, the value in this company is so obvious you can't escape it.

See you at 60-80.