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Re: Zeev Hed post# 107283

Tuesday, 05/13/2003 11:32:45 PM

Tuesday, May 13, 2003 11:32:45 PM

Post# of 704047
Zeev.
They need between 3 and 4 mln subs to break even.

What do you think about SIRI ?
They need just 2 mln to break even.

Both XM and SIRI will need money next year, but it won't be a problem for them to get money. There are estimates that there can be up to 30 mln subs in US in 4-5 years and there are only 2 companies out there. Those numbers can never be achieved , but who cares if investing public will beleive in those numbers.




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