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Re: LemonHead post# 17

Tuesday, 02/12/2002 6:16:43 PM

Tuesday, February 12, 2002 6:16:43 PM

Post# of 442
LemonHead: XM I got mine at a CC, but BB, Sears,Radio Shack, Tweeder,Good Guys,Car Toys, Crutchfield, and private installers have them too, for a total of 6000 distribution points by year end. You might use the puter to find the 800# for the store closest to you, and see if they have them. They should be in stock, but if you are finding them not to be, please let me know and I will see if I can provide feedback for XMSR.

My sony pnp is neat cause you can bring it indoors, plug it into your cassette part of the stereo, then plug it into the wall. Use a model 22-501 power supply adapter from Radio Shack, has a 12vdc 1000amp output, I am told you need that capability. It costs about $11. Then you get the 100 channels inside, just put the antena in a south window. Just don't do a permanent installation in the car when you get it, if you think this is an idea, or your kinda screwed.

Stock:
The fundamentals on this stock will look like dog do, due to it being a heavily capitalized, startup 1-2billion, and its revenues just barely starting Nov. 14th 2001. But the $1/2 M in sales for 01 was mostly 6weeks. If it takes off, like I think it should, a market of 48M potential subscribers x $120/yr., plus ad rev., less GM kicks etc. is tremendous. After breakeven, and GM, it is a very low cost and highly profitable business model. IMHO, it is a long term play, but with a certain amount used to trade along the way.

XM stock: Crysta ball
It should move well in another 6-9months, if not before with unscheduled news. The news could be: a problem with Siri launch, or the Siri chips, and then Ford coming over to XM, or Toyota or VW linking up, as of yet they are undecided. Maybe a big boost breaking thru on the truck market, XM deals with Freightliner now. They make 40% of the trucks in the US. So there are some extraneous things which may occur. Ultimately, if the March Subscriber #s ytd blow the estimate away then this thing will shoot up in early Mar, as news leaks. If not and the #s are as projected it will be gradual climb until auto oem reports in 4th qtr.

*Boeing has a 60 million dollar stake also in XM along with Hughs/GM, nice having a multi year contract with you largest customer. This will cause GM to promote the concept as much as possible.

If this goes, as some tout it, the next cable TV, it will make many people very wealthy; if not I guess you can say you knew me when a still had a few bucks.

Good Luck

john