XM SATELLITE (XMSR)

[trade2much]

ez: XM is in 25 gm models now. It is part of an option package usually. According to Hugh Panero's recent conference call they have experienced 70% xm activations of service for those vehilces which are xm ready.
The problem is not operations, they are knocking the cover off the ball, it is FUNDING. They have enough to get them thru Q1 of 03 . If they receive the funding which they expect or hope for, the stock should take off like a rocket into the teen, imo. The subs are great the track record is supberb for hitting the targets but they need the funding thru 04 which is now their breakeven year.