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To: Always Right
Well, looks like Sirius has just reported a loss of a little less than half of what XM did ($311 Million 4Q05) About 50 million more than the year before.

http://www.freerepublic.com/focus/f-news/1580422

Loss of 23 cents per share.

60 posted on 02/17/2006 6:33:53 AM PST by LegendHasIt
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To: LegendHasIt

But to inject some perspective here. At this juncture, the game is not about making profits, yet. It's about establishing dominance in the industry space so that eventually it will be profitable. Most new industries don't see profits for awhile, it doesn't necessarily mean the industry itself isn't viable. Taking heavy losses upfront is just the price of freight to gain ultimate market dominance.


62 posted on 02/17/2006 6:56:08 AM PST by dfwgator
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To: LegendHasIt

"Well, looks like Sirius has just reported a loss of a little less than half of what XM did "

When one of them finally goes belly-up, will the other be able to keep going even after sucking up all the subscribers from the corpse, or will it simply slow down their own demise ?

( but I suppose they can cut costs by not renewing Stern and Oprah )


68 posted on 02/17/2006 8:54:30 AM PST by RS ("I took the drugs because I liked them and I found excuses to take them, so I'm not weaseling.")
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To: LegendHasIt
Well, looks like Sirius has just reported a loss of a little less than half of what XM did ($311 Million 4Q05) About 50 million more than the year before. http://www.freerepublic.com/focus/f-news/1580422 Loss of 23 cents per share.

No, XM's $667M loss was for all of 2005, while Sirius' $311M loss was for just Q4. XM lost $270.4M in Q4. Sirius lost more.

72 posted on 02/19/2006 10:11:30 AM PST by Sting 11
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