XM SATELLITE (XMSR)

[trade2much]

Think xm resides in a trading range 12-14. Until significant new again arrives. Maybe financing news,(private preferrably not to dilute the current shares). Hopefully a pop from good 1str results.

Nice ads on CNBC features TRACTOR TRAILer remember the Freightliner deal, they built 40% of Americas trucks and are with XM.


Here is an interesting article not on financing just XM / Siri. 4th qtr is when the real action starts imho. OEM GM starts the 23 new models.

SOURCE: Zacks Investment Research
Ruminations of the Contrary Investor Recommends the Following: GTNR, and XMSR

CHICAGO, April 5 /PRNewswire/ -- James Fraser concentrates on value versus fashion,
discovering unusual situations with superior profit potential. Frazer writes a provoking
letter with a human and essentially fundamental approach. Find out where the next great
stock values are coming from. http://www.featuredexpert2.zacks.com

(Photo: http://www.newscom.com/cgi-bin/prnh/20010924/CGM015LOGO )
Here are the highlights from the Featured Expert column:

James Fraser, editor of Ruminations of the Contrary Investor believes we remember our
most recent lesson the best, and lately we've had quite a lot to remember: the tech
bubble, recession, September 11th, Enron, and high-profile bankruptcies.

Today, important lessons regarding corporate accountability and prudence are in
process. This is evident with the recent commercial paper crunch. The denial of credit in
the commercial paper market can lead to spillover effects for a company's access to
credit in other markets.

With the crunch on commercial paper, Fraser has a few companies he suggests keeping
an eye on.

Clear One Communication (Nasdaq: GTNR - news) is a small company that is determined
to have a large impact on the $2 billion video conferencing market. The company's
existing products can already be found in many videoconference rooms handling the
audio requirements. An important differentiating factor between Clear One and other
video product manufacturers is that Clear One is providing the total package of hardware
and services to the market. This encompasses room/system design and installation,
maintenance and ongoing customer care, in addition to the equipment.

Clear One has a clean balance sheet with no debt, and in December raised $25 million by
selling equity at $17 per share to use for strategic acquisitions. Market interest in video
conferencing is at an all time high. Clear One's products and product pipeline includes 12
new audio and video products to be rolled out by June and 17 additional products and
product enhancements by December. At 15 times earnings, Fraser believes this stock
looks cheap. He sees a company with talented management that can use its leading
reputation in audio conferencing to break into this lucrative and growing market. Fraser
has a price target of $25, which is 20 times expected 2003 earnings.

XM Satellite Radio Holdings, Inc. (Nasdaq: XMSR - news) delivers digital radio signals
through powerful orbiting satellites.

Two primary companies have advanced the cause of satellite radio: XM Satellite Holdings
and Sirius Satellite Radio. Each offers a wide spectrum of choices, including music, talk
shows and classic literature. The companies have each partnered with the likes of BMW,
Ford, Mazda, and General Motors to offer satellite-ready radios in each company's
respective vehicle lines. The cost per month for the service is between $10 and $13.
Paying for something that is already free is a choice that echoes back to the early days
of cable television. It is predicted that approximately 4 million subscribers must sign on
for either of the current companies to break even. Fraser believes it is worth taking a
look at these companies.

To get all of James Fraser's market commentary and contrarian stock picks click
http://www.featuredexpert3.zacks.com .

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SOURCE: Zacks Investment Research