Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

Kron, A couple of years ago XMSR said they needed 3 mil subs to break even. XMSR is at 2.8 mil now and ain't even close to breaking even.

SIRI at the same time was suggesting 2 mil subs to break even. SIRI currently has 800,000. No one can even imagine now how many subs they need to break even after some of these deals they made. I figure they need 2-3 mil just to pay for Stern each year.

I don't care what the author's interest is. The numbers seemed believeable to me. 10 to 20 million subs to see these guys to break even doesn't seem to be a stretch to me.

May be you could be more specific on what they wrote that you disagree with. Until you do that, I will just have to go along with what they say.