XM SATELLITE (XMSR)

[trade2much]

EZ we just got the 10k/cc from Siri last week, JC said they have only sold a few hundred Siri vs 70k+ xm.
Volks wagon is on board, isuzu just did an exclusive with a major manufacturer to make XM tuner converters which attach to wiring harness and will fit all models back to 1998.

GM has XM now in the 4th qtr in about 50% of its lines. The scramble is under way. Rumors of private investor backing are floated(means less share dilution).

Sub#s and 1st qtr results are due out shortly. Supposed to be good+

I own the Sony PNP from back in Dec 01, I love it. I bought the stock so figured I better have the product. It is fantastic. Recently drove 11 hrs with total interupt (digital) of 26 seconds vs regular gone all the time radio.

Think of this: xm = 60 stations(with ads) with 6 minutes=360 min/hour available. National ad time, which is what this is, goes for up to $300/minute x 360mins=$108,000per hr. x 24 hrs= $2.6 mil per day x 350days equals huge damn $$ from just ads, even if I am only 1/5 correct on the totals due to nite time hrs volume of certain channels higher than others so the cost is also etc.


Then add the radio subs# at $120 each per yr. Just in in 17weeks they are now over $8,400,000 in revenue since Nov 12th the start up. They are scheduled for 350,000+ this yr x 120= $42,000,000 per yr revenue. From a start up to a rate of $42 million/yr(just subs) in a yr and 6 weeks is unreal.

These guys have a printing press and it is just starting. Marketing groups estimate the total market at up to 48,000,000 subscribers. Say they only get 1/5 of that is still 9.6 million subs x 120/yr

I think it is more than great!