I'm following XMSR; they completed a refinancing January 28, 2003 generating new cash and a line of credit. Company ecpects it has enough cash/credit to get to break even. I'm not so sure after reading the annual. See the annual report for details:
The short interest in this stock is huge over 40% as of early April.
I'm also a user of the service; seems diverse enough and works well in out of the way areas like central Oregon. Nice to have Bloomberg, BBC, Jazz, Classics, R& B plus all the other stations in towns where radio service is minimal at best.
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