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

To: HEXonX who wrote (3143)	1/19/2007 2:25:19 PM
From: i-node	Read Replies (2) \| Respond to of 3386

>>> I thought you said that it was worth XM to fight it in court. Now you say they should not fight. Do you think they would lose it court? They fought it. The court, shockingly, ruled against them on a dismissal. That's what the news story was about. If one reads carefully the documents filed in the case, there is clearly no legal basis for the lawsuit. It being a District Court, the opinion should be reported, and it will be really interesting to hear her reasoning. And, yes, I'm sure they will proceed with fighting it. There is no reason not to. But it is abundantly clear that any win by XM, should it occur, will be short-lived, as Congress is bought and paid for by RIAA -- most notably, Feinstein and Lindsay Graham, but plenty of others as well. Given the legislative situation, XM will have to weigh whether it wants to fight or just try to come to terms with RIAA. It will mean crippling the Inno in the same way as Sirius crippled the Stiletto, which was pretty severe. And paying more money on top of it. But there really may not be a choice, I suppose.