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Technology Stocks : Leap Wireless International (LWIN)

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To: Peter V who wrote (620)11/3/1999 5:16:00 PM
From: cfoe  Read Replies (1) of 2737
 
About a month ago I asked someone on this thread what the long term prospects were for this stock. At the time I held 500 shares in my SEP and another 500 in a family trust I manage. The answer was not much hope for any upside any time soon; more chance of a down move below $20.

About a week ago I hedged my bets and sold half my shares in the SEP. That move cost me around $9,000 as of today's close.

On the cup is 3/4 full side I made $26,000 on the remaining 750 shares in a week! Simply amazing is all I can say.

I join you in toasting the future fo this innovative company.
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