Leap Wireless International (LWIN) Message Board

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Technology Stocks : Leap Wireless International (LWIN)

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To: John Cuthbertson who wrote (2283)	6/28/2002 6:13:40 PM
From: Art Bechhoefer	of 2737

Re: Low price of LWIN. As noted earlier, I spoke with investor relations at LWIN yesterday, and they had no news, nor did they know of any news or comments on the stock price. They did mention that there had been some selling of LWIN by the Putnam Fund, but that was known quite a while ago. Even though the company has a lot of debt, the stock may reflect sentiment and misgivings about other telecom service providers, notably Worldcom. Well, I though $1.72 was a pretty decent buy price, given that the book value is still over $4.00. Maybe I ought to consider buying more! Art

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