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


To: rrufff who wrote (2138)2/3/2006 8:42:28 AM
From: HEXonX  Read Replies (2) | Respond to of 3386
 
Today looks more like the same and so it goes. One tries to give Frontmed a hint of the possible future but he just doesn't want to have an open mind. :-)



To: rrufff who wrote (2138)2/6/2006 12:43:25 PM
From: sixty2nds  Read Replies (1) | Respond to of 3386
 
07:41 XMSR XM Satellite tgt cut to $37 at CIBC (24.34 )

CIBC cuts their XMSR tgt to $37 from $43, noting that the stock is down 19% from its high, following an upbeat analyst day in early January. Firm says recent concerns include: lost retail share in January, aggressive retail marketing, GM''s reported weak non-fleet figures, XM's not yet announcing an earnings release date, and last, in late December and late January, XM's issuance of 25.3 mln new shares to convertible bondholders. FIrm cuts their net present value per subscriber estimate to $145 from $155, and their 2007 subscriber estimate to 12.2 mln from 12.4 mln.