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Technology Stocks : Leap Wireless International (LWIN)
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To: SKIP PAUL who wrote (2271)6/27/2002 2:43:52 PM
From: A.L. Reagan   of 2737
 
Thanks Skip for asking, I was wondering also about equity and warrants, etc. But is anybody aware of any restriction that would limit QCOM from buying Leap debt or some sort of preferred? The magic $225 million seems like such a drop in the bucket from QCOM to get a viable carrier over the hump when they have piled much more money into other investments of dubious merit (not just talking Globalstar, either). It would seem to be a real black eye to have a QCOM-sponsored CDMA carrier fail in the U.S.
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