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Technology Stocks : Leap Wireless International (LWIN)

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To: pcstel who wrote (1527)2/26/2002 12:41:04 AM
From: Pierre  Read Replies (1) of 2737
 
pcstel:

I went to a 3 G seminar tonight and ended up talking to a guy from Ericsson. He was very enthusiastic about LWIN. I then asked him about vendor financing. He said, well, no problem with us and we will probably roll it over for them. He then paused and added, but I'm not so sure about Lucent. They may not want / be able to roll theirs over and
if that is the case, LWIN may be in trouble as they owe them about a billion.

So my question is, quite naturally, how much do they owe Lucent? When is it due? What are the chances it won't get rolled over? Any thoughts on that? If there is some truth to the Lucent situation, it would be pretty easy to understand LWIN's current stock price.

TIA.

Pierre
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