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Technology Stocks : Leap Wireless International (LWIN)

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To: Ron M who wrote (420)7/8/1999 8:33:00 AM
From: Jeff Vayda  Read Replies (1) of 2737
 
RonM: Thanks for the article link. Too bad the home town paper paints the picture in a negative light. LEAP changed its accounting methods to take the best advantage of the addition of the Chilean property. (a long term plus IMO)

LEAP is going to be spending money for some time building up infrastructure, partnerships and licenses - this will not be the last 'accounting' change opportunity.

Lets hope the paper is given some better PR fodder to work with next time.

Jeff Vayda
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