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


To: rrufff who wrote (2836)9/22/2006 4:02:29 PM
From: i-node  Read Replies (1) | Respond to of 3386
 
>>> That's funny from someone who has continually given a price target of $60

I've not given any "price targets". Not my job.

I do believe XM is a $60 stock in the forseeable future, and that it is substantially undervalued at this time. At the time I talked about $60 it was reasonable to expect we would have been there by now, as at the time, Sirius had not blown its future on Stern. Stern has delayed the attainment of that target, but I don't believe it has eliminated the likelihood.