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Technology Stocks : Leap Wireless International (LWIN)

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To: arun gera who wrote (1881)4/7/2002 11:39:30 PM
From: pcstel  Read Replies (2) of 2737
 
Q1 Minimum Numbers

According to the new covenants. Crickets minimum EBITDA in Q2, Q3, Q4 must look like this..


Q1..........Q2..........Q3.........Q4
(?).......($27)....(0).........9


Given 9 million in corporate G/A per quarter, The consolidated EBITDA for LWIN will look like this.


Q1..........Q2..........Q3.........Q4
(?).......($36)....(9).........0


To achieve (78,000) consolidated EBITDA loss for FY02. Q1 Consolidated EBITDA loss would be limited to (33,000) in Q1


Q1...........Q2..........Q3.........Q4
(33).......(36)....(9).........0 = (78)


I still say a buck or better for the Consolidated EBITDA loss in Q1.

PCSTEL
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