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November 28, 2011



I'm curious as to why you did not include this, from the same Seeking Alpha article you use to degrade Pandora: "I don’t think Pandora’s business model is broken because if we regard its content cost as cost of revenue rather than operating expense, we will find that it has a gross margin over 40% and revenue growth over 100%."

Continuing to read this SA article with an open mind, instead of a radio-based agenda, you'll find many of its claims say Pandora is on the right track.

As a BTW: The author of the SA article is long on Pandora stock. Doesn't sound too much like Seeking Alpha thinks "P" is wounded.

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