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

To: rrufff who wrote (2918)	10/10/2006 1:20:16 PM
From: i-node	Read Replies (1) \| Respond to of 3386

>> 1)XMSR price - frontmed predictions many times ~~ $60. Lie. One time, MAYBE a couple, back a few years ago, I stated that if XM continued at its current pace it could reach 60 within a year or two. I'm not sure you can produce more than one link where I made this remark, but more importantly, it was in a totally different environment. At the time I believe XM was less than $20 and it did double in the year following that. >>> 2)SIRI price - frontmed predictions at time of Stern move ~~ $2. Lie. Prior to their hiring Stern and Karmazin, Sirius was at $2.10 and I stated that it was over priced at that. It was. They had 600K subs and no real hope of hitting their year end target. Hiring Stern brought hype, but was a bad value proposition for the company. I had always maintained that SIRI's biggest problem was the incompetent management of Joe Clayton, and that hiring new management would greatly enhance its value. Which it did -- where it wasn't worth $2.10 before, it is probably worth $3 now. Maybe. I'm not sure how long you think the current nonsense of Sirius' market cap relative to XM's will hold, but when it collapses, as it will, I fully expect you will run off and hide as PCSTEL did before rather than stay around and face the music as I have. We'll see.