Schaeffer's Market Observation Features XM Satellite Radio

CONSTELLATIONS

illustration only

Cincinnati - Feb 16, 2004
Today's Market Observation From Schaeffer's Investment Research features XM Satellite Radio. Market Observations are market-based reports that provide insight and analysis from a unique and unbiased perspective.

Turn the Radio Up, For That Sweet Sound ... Of Earnings

XM Satellite Radio is the world's leading provider of digital-quality satellite radio services. XMSR debuted its service in late 2001 and already boasts more than a million subscribers, each paying about $10 per month of service for over 100 channels of commercial-free music and talk. The company has initiated a deal with General Motors to offer its equipment and services in GM cars.

Analysts and investors will be tuning into XMSR tomorrow when it reports fourth-quarter earnings results. Wall Street currently expects the company to post a loss of $1.15 per share, which is effectively a 34-percent improvement over the firm's year-ago per-share loss of $1.76.

For the third quarter, XMSR lost $1.12 per share, a nickel narrower than analysts' expectations. Two of the past three earnings reports have resulted in positive surprises for XMSR.

Over the past 15 months, XMSR shares have increased in value nearly nineteen-fold. The stock last reached a new 52-week high in late December and has since been pulling slightly lower to digest some of its gains.

Currently, XMSR is in a precarious technical situation, sandwiched between its 10-week and 20-week moving averages. The stock has not traded below its 20-week in over a year, so any decline that causes XMSR to violate this trendline would be notable.

TECH SPACE

New Light-Emitting Transistor Could Revolutionize Electronics Industry

Champaign - Jan 06, 2004
Put the inventor of the light-emitting diode and the maker of the world's fastest transistor together in a research laboratory and what kinds of bright ideas might surface? One answer is a light-emitting transistor that could revolutionize the electronics industry.

Thanks for being here; We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain. With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords. Our news coverage takes time and effort to publish 365 days a year. If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor $5 Billed Once credit card or paypal		SpaceDaily Monthly Supporter $5 Billed Monthly paypal only

The content herein, unless otherwise known to be public domain, are Copyright 1995-2016 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.