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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (48588)11/1/2003 10:20:40 PM
From: Techplayer  Respond to of 57110
 
It doesn't in my opinion. What it may do is inspire new lending and perhaps new VC investment in new entities in the US. If small business does not explode, there won't be the increase of 2 million jobs that our illustrious treasurer of the secretary is touting. all imo of course..



To: 2MAR$ who wrote (48588)11/2/2003 1:06:06 AM
From: TimeToMakeTheInvs  Read Replies (1) | Respond to of 57110
 
thanks for the links. tim



To: 2MAR$ who wrote (48588)11/3/2003 2:34:22 AM
From: stevenallen  Respond to of 57110
 
Yes Marsh, always good to have that bear suit close at hand, just in case - no question that the market is overvalued here. My guess, however, is that business hiring will start to pick up slowly but surely and this will fuel the recovery scenario in the short term. However, I also think that the wages and benefits will be significantly reduced from previous levels and sooner or later, that has to significantly weaken consumer spending. But for now, with Team Bush doing everything they can to prop things up and the mainstream media obligingly selling rose colored glasses, I think the bear suit might wind up staying in the closet until late next year or so. We shall see...



To: 2MAR$ who wrote (48588)11/3/2003 1:35:27 PM
From: Frederick Langford  Respond to of 57110
 
Monday Matchup

XM Vs. Sirius
Arik Hesseldahl, 11.03.03, 12:00 PM ET

XM Satellite Radio (nasdaq: XMSR - news - people )
Headquarters: Washington, D.C.
Year founded: 1992
Investors: Honda (nyse: HMC - news - people ), Clear Channel Communications (nyse: CCU - news - people ), General Motors (nyse: GM - news - people ), DirecTV
Market capitalization: $2.48 billion
Employees: 384
2002 revenue: $20.2 million
2002 loss: $98.4 million
CEO: Hugh Panero
Notable on-air personalities: longtime New York radio personality Jonathan Schwartz; record producer Quincy Jones; Junior Marvin, former guitarist with Bob Marley and the Wailers
Number of satellites: two, named Rock and Roll
Subscribers: 1 million as of Oct. 27
Basic subscription rate: $9.99 per month
Date of commercial availability: Nov. 12, 2001
Exclusive channels: Playboy Radio, MTV Radio, KISS-FM from Los Angeles, NASCAR

Sirius Satellite Radio (nasdaq: SIRI - news - people )
Headquarters: New York City
Year founded: 1990
Investors: Ford Motor (nyse: F - news - people ), DaimlerChrysler (nyse: DCX - news - people )
Market capitalization: $2.31 billion
Employees: 304
2002 revenue: $805,000
2002 loss: $69 million
CEO: Joseph Clayton
Notable on-air personalities: Pamela Anderson; singer Michael Feinstein; rappers Grand Master Flash and Curtis Blow.
Number of satellites: three
Subscribers: 149,612 as of Oct. 29
Date of commercial availability: July 1, 2002 (nationwide)
Basic subscription rate: $12.95 per month
Exclusive channels: NBA basketball

While it may seem a lopsided battle between them, the race is still just starting. XM has the early lead, having just passed the million-subscriber mark, compared with less than 200,000 for Sirius. But Sirius, launched nationwide in July 2002, hasn't yet completed a single fiscal year running at full steam. Still, it's having a hard time winning the mind share of consumers, who, when they think of satellite radio, generally think of XM.

But there's plenty of room for both to grow. Between them, they've accumulated just over a million subscribers, while there were more than 221 million cars on the road last year, according to the National Automobile Dealers Association.

Fred