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Technology Stocks : Leap Wireless International (LWIN)
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To: alburk who wrote (1447)2/21/2002 10:41:53 AM
From: Jeff Vayda  Read Replies (3) of 2737
 
Andy: Why is it scary? The stock price is a reflection of the perceived worth, a function of the price people are currently willing to pay for a portion of the company. It is not a measure of the ongoing viability of the concern. Tomorrow, people may be willing to pay more - or less.

If the stock price drops to $0.01 that does not change the business. (When the stock was at $100, that did not change the business.)

The business is sound and the execution is sound.

Jeff Vayda
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