[The key question is whether XM or Sirius would be willing to shell out the millions to lure Stern & Co. Analysts were split on that.] It's not quite economical yet for them to do it, although they both have cash on the balance sheet, ... The economics of it are not going to be easy. They're going to have to give up a pound of flesh. -Steve Mather

 

[The key question is whether XM or Sirius would be willing to shell out the millions to lure Stern & Co. Analysts were split on that.] It's not quite economical yet for them to do it, although they both have cash on the balance sheet, ... The economics of it are not going to be easy. They're going to have to give up a pound of flesh.


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This quote is just one of 4 total Steve Mather quotes in our collection. Steve Mather is known for saying '[The key question is whether XM or Sirius would be willing to shell out the millions to lure Stern & Co. Analysts were split on that.] It's not quite economical yet for them to do it, although they both have cash on the balance sheet, ... The economics of it are not going to be easy. They're going to have to give up a pound of flesh.' as well as some of the following quotes.

Given the momentum and the attributes that satellite radio has, it's not going to be easy to encroach on XM or Sirius and still be profitable.

Steve Mather

[The key question is whether XM or Sirius would be willing to shell out the millions to lure Stern & Co. Analysts were split on that.] It's not quite economical yet for them to do it, although they both have cash on the balance sheet, ... The economics of it are not going to be easy. They're going to have to give up a pound of flesh.

Steve Mather

We don't anticipate a cash crunch.

Steve Mather