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mack12

08/02/03 7:22 PM

#39491 RE: dndodd #39487

dndodd...

Sounds like you've taken the plunge investment-wise. Next week is big for these two. I'm particularly interested in any subscription figures by XM. By all accounts business has been brisk and I'm looking for at least 810,000.

I am concerned about SIRI's numbers. I expected their shuttle product to have been widely available by now.
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GE_Jim

08/02/03 7:48 PM

#39494 RE: dndodd #39487

ot Regarding XMSR. I never used the product, it sounds like it could be great. It's the money they make vs the cost of that scares me away.

I don't enjoy the risk factors with this kind of money flow is all. Below are a few numbers that , well would keep me from buying.

Gross profit margin -488%
Operating margin - 2,174%
Net Profit margin -2,453%
ROE -84%

Net income Loss of 1/2 billion dollars last year, Up 220 million than the previous year.
40% of the shares are shorted and the insiders sales of roughly 5% of the total shares in June is interesting. No buying by the insiders since 2001 is also a little discomforting.

Don't get me wrong here, I hope the company is a winner. But the numbers above is something I would expect to see selling for under 2 a share under a high risk zone It's a awful big premium to pay for this one

Again I wish it well, just not for me.