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Technology Stocks : Leap Wireless International (LWIN)
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To: SKIP PAUL who wrote (1936)4/25/2002 10:54:26 AM
From: METMAN  Read Replies (1) of 2737
 
Fraud is definitely an insurable risk. I dont see this problem derailing the story.

Skip ... agreed, but how do you measure the true subscriber numbers over time - assume a certain % of accounts are fraudulent and only report the total subscribers - certain suspect % ?

Does anyone here know for certain what the reported subs number in the press release now really means ?

Listening to the CC, the management is optimistic they'll hit their future projections, which suggests the story is still intact.

regards,

metman
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