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Technology Stocks : Leap Wireless International (LWIN)

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To: pcstel who wrote (1195)1/30/2002 10:38:25 AM
From: slacker711  Read Replies (1) of 2737
 
I had been planning on waiting until earnings to buy more....but at $10 a share, I have trouble imagining what the market is trying to price in.

Lucent just sold off the GSM assets of One.tel to Hutchinson (in Australia). Leap's assets in bankruptcy seem to be worth more than the current enterprise value.

Cash plus spectrum plus network > Debt plus Market Cap

Right?

Slacker
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