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Technology Stocks : Leap Wireless International (LWIN)
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To: Dave who wrote (2118)6/5/2002 2:01:56 PM
From: pcstel  Read Replies (1) of 2737
 
What are the projections for LWIN's CapEx for this FY?

With under 200m in cash and cash equivalents, LWIN has to be in cash conservation mode.

185 million by April 03. Unclear how much will be spent in FY02.

The protection builds in most of it's markets were completed in Q1. Since Text Messaging launched in the middle of Q2, one could assume that much of the equipment was already installed in Q1.

As of March 31 cash and equiv position was approx. 271 million including the refund from the FCC. We should have an additional 33 million from Telefonica for Pegaso by Year End.

PCSTEL
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