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To: NormsRevenge
It's a one-time stock payment.

The fact that their costs per new subscriber fell 41 percent might be why the stock is rising again.

The jury's still out on whether the Stern deal is a winner or not.

10 posted on 05/02/2006 10:34:35 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: dead
"It's a one-time stock payment."

It's still a loss of $233.5 million for that period, compared to $193.6 million lost for the same period a year ago. Add to that the ongoing enormous contract with Stern and it spells problems.

Personally, I do hope Sirius survives all this. If they don't, I have a feeling XM's going to take a nosedive on content and quality.
18 posted on 05/02/2006 10:49:24 AM PDT by NJ_gent (Modernman should not have been banned.)
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