Leap Wireless International (LWIN) Message Board

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Technology Stocks : Leap Wireless International (LWIN)

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To: rharshman who wrote (1742)	3/13/2002 5:07:01 PM
From: pcstel	Read Replies (2) of 2737

rharshman: Actually, my largest concern for LWIN is it's growth ability beyond the 40 market plan and it's current spectrum holdings. According to my calculation and FCC documents. LWIN Leap has increased their total revenues and assets beyond the Commission's Very Small Business financial thresholds. But, are still qualified as an Entrepreneur and eligible as a Designated Entity ! This prohibits LWIN ability to acquire new spectrum in Entrepreneur Blocks C,F without "unjust enrichment penalties" payable to the FCC! Much of the non-Entrepreneur block spectrum is held by "real telecom compaines"! This will severally limit LWIN's future growth potential beyond current holdings, and Auction 35 wins if they are ever conveyed! This is why I believe LWIN should try and find non-standard PCS Band frequencies to build their future on! PCSTEL

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