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Cubsfan · 12-02-2003, 07:48 PM

Thought maybe I'd throw out a stock to talk about (this is the one I know a little about. I do not own any of this stock)

XMSR: XM Satillite Radio

Closed today at 25.03, up about 1%

What I think is very interesting here is the chart for the last year:

http://cbs.marketwatch.com/tools/quo...=8&siteid=mktw

About $2.00 a year ago, now up to $25.03. Very good growth, the the very interesting thing is that XM as a company is not making any money, and in fact is burning cash at a relatively high rate.

According to: http://www.xmradio.com/newsroom/scre...003_11_06.html
It looks like they lost about $145 million last quarter, yet their stock has skyrocketed.

I think that the stock is overvalued at $25, and wouldn't buy it. (Sadly enough, I was encouraging others to buy it at $6)

Here's their main competitor, Sirius, in the same year:
http://cbs.marketwatch.com/tools/quo...=8&siteid=mktw

12-02-2003, 07:48 PM	#1
Cubsfan Rear Admiral Lower Half Join Date: Jul 2001 Location: Colorado Posts: 2,743	Stock: XMSR Thought maybe I'd throw out a stock to talk about (this is the one I know a little about. I do not own any of this stock) XMSR: XM Satillite Radio Closed today at 25.03, up about 1% What I think is very interesting here is the chart for the last year: http://cbs.marketwatch.com/tools/quo...=8&siteid=mktw About $2.00 a year ago, now up to $25.03. Very good growth, the the very interesting thing is that XM as a company is not making any money, and in fact is burning cash at a relatively high rate. According to: http://www.xmradio.com/newsroom/scre...003_11_06.html It looks like they lost about $145 million last quarter, yet their stock has skyrocketed. I think that the stock is overvalued at $25, and wouldn't buy it. (Sadly enough, I was encouraging others to buy it at $6) Here's their main competitor, Sirius, in the same year: http://cbs.marketwatch.com/tools/quo...=8&siteid=mktw