Sunday, March 31, 2002 6:35:29 PM
just got news of a 50,000 sub# for first quarter 02; that is 25% more than the 40,000 projected by the president HP
**Total to date from national rollout Nov 01, will be approx 80,000 and that may well come out Monday 4/1/02
If so the business is going very strongly and the sony PNP is sold out in some areas. The importance of the Sony PNP is that it is 70% of the XM sales, for Sony. They are having to ramp up since Nov 01 continually and still out of stock with Crutchfield and others many times.
We have possible negative new breaking on Mon with XM CFO leaving. Iit should be offset by this positive news, imo.
Not sure if CFO was asked to leave or just left at this point, XM treasurer is filling in for now.
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