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allsmall

05/12/03 3:12 PM

#106864 RE: Zeev Hed #106799

as a sub and a fan of xmsr, i think they will own the boat market with in 2 years also...i do not know how big that market is but down in florida they are selling like hotcakes.
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captaintime

05/13/03 6:37 PM

#107263 RE: Zeev Hed #106799

Hi Zeev,

I'm following XMSR; they completed a refinancing January 28, 2003 generating new cash and a line of credit. Company ecpects it has enough cash/credit to get to break even. I'm not so sure after reading the annual. See the annual report for details:

http://biz.yahoo.com/e/030331/xmsr10-k.html

The short interest in this stock is huge over 40% as of early April.

I'm also a user of the service; seems diverse enough and works well in out of the way areas like central Oregon. Nice to have Bloomberg, BBC, Jazz, Classics, R& B plus all the other stations in towns where radio service is minimal at best.