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Technology Stocks : Leap Wireless International (LWIN)

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To: J.B.C. who wrote ()1/6/2000 1:49:00 PM
From: tensforme  Read Replies (1) of 2737
 
Question for all Leapers:

I am long LWIN, but I still have several questions buzzing around in my brain about this company's business model in the U.S. Let's take the $29.95 per month cost for unlimited local cellular service. Isn't this a little pricey? Afterall, we're talking about LOCAL calls. Someone please educate me about the pricing model, and how this plan is the right one. Also, do you think the $29.95 monthly bill will eventually come down? What other services can be offered under this flat monthly rate? Thanks in advance.
And don't get me wrong - I am definitely excited about this company. I think they're on to something. But I just need to be reassured.
Charlie
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