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Technology Stocks : Leap Wireless International (LWIN)
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To: Mr. Sunshine who wrote (2555)11/10/2002 2:09:20 AM
From: Moez  Read Replies (2) of 2737
 
<<My guess is that someone figured out the value of the spectrum LWIN owns. Who knows, we could have a complete buy out of the company.
>>

Ask yourself this...if you wanted to buy a company b/c it 'supposedly' has some valuable assets, and that co was on the verge of bankruptcy, would you

a) buy the company out and deal with paying shareholders, dealing with goodwill and assuming debt

OR

b) Let the co go bankrupt and pickup the pieces u like at their firesale where everything is 90% off?

...moez
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