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Technology Stocks : Sirius Satellite Radio (SIRI) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (1052)11/14/2004 9:37:12 PM
From: i-node  Read Replies (1) | Respond to of 8420
 
>> "Sirius and XM are both on pace to lose about $300 million each in net income this year," said Dominic Ainscough, an analyst at the Yankee Group.

This guy is on top of it. Sirius ends its year with 625M-650M in loss, and XM with 570M.

The real point is that XM's was mostly in Q1/Q2, with Q3/Q4 losses reducing. SIRI's is still headed the other way and will continue to do so for at least several quarters.


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