Wednesday, March 15, 2006
Who to trust?
Have you ever bought stocks or shares based on an analyst you saw on television, especially one of the financial channels? Me neither. Not in my wildest dreams. Knowing how "over produced" a lot of TV news can be, I find it impossible to separate the truth from spin. Having watched World space promise and fail for so long, I am therefore convinced that this MSBC story about Worldspace is pure spin. 1.2 billion dollars blown in 10 years. Under 200,000 subscribers. Sorry fellas, this is not another XM satellite radio story.