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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: sun-tzu who wrote (128265)10/8/2001 10:07:23 PM
From: mishedlo  Read Replies (2) of 436258
 
WOW - Where is earlie on this one?
Any predictions on BK date for LWIN.

Leap Wireless International is a wireless communications carrier that deploys, owns, operates and participates in CDMA telecommunications networks in domestic and international markets. For the six months ended 6/30/01, revenues totaled $84.6 million, up from $28.5 million. Net loss before extraordinary item totaled $242.9 million vs. an income of $162.2 million. Results reflect an increased number of Cricket customers, offset by the absence of subsidiary sale gains.

Debt to equity is 2.43
Losing $14/year!
Stock price is 15.
They do have 500M in cash

Note: I have been playing this from 32 but I was too stupid to be hugely short until now.
Watch it bounce.

M
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