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A satellite radio service company, providing music, news, talk, information, entertainment and sports programming for reception by vehicle, home and portable radios nationwide and over the Internet.
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saiyachinta (< 20) Submitted: 8/03/07 11:08 AM : Start Price: $11.17 XMSR.DL Score: 11.35
The company's revenue growth from quarter to quarter over the last four quaters has been less than 5% on the average. Significant reduction in Selling and General Administrative as well as in the R&D is not going to help the company in the long run either. Most of it's Cash-in-hand is from Long Term Financing, which in turn going to result in more burden for the company. Over the last four quarters, the Stock Holder's Equity has decreased at a whopping 40% from quarter to quarter.
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StKitt (99.35) Submitted: 8/07/07 11:55 AM
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Great observations! And today I see the stock get a 5% bump on the news that you can now get an XM radio in your new Ferrari. Incredible!This outfit is going down, merger or no merger.
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