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Technology Stocks : Leap Wireless International (LWIN)

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To: Jon Koplik who wrote (18)9/16/1998 9:06:00 AM
From: Jon Koplik  Read Replies (1) of 2737
 
Okay, I found that article. It is a bit old. (Forbes magazine, 10/6/97, page 140, "Streetwalker" column).

A few guides to the mentioned companies :

CCIL is Cellular Communications International

OPI is Omnitel Pronto Italia

TIM is "the formerly state-owned Italian telephone company"

Here is an excerpt from that article :

CCIL's share price gives its holding in OPI a value of $110 per "pop" (industry terminology for potential subscribers), but Mannesmann recently bought a stake in Olivetti that values OPI at $143 per pop. Telecel, a Portuguese cellular operator, trades at $165 per pop, and TIM is valued at around $430 per pop.

(Does this remind anyone else of a (very long time ago) Saturday Night Live skit where Gerald Ford (Chevy Chase) said (after being read something like the above) "I was told that there would be no math questions during this debate."?)

Is there anything vaguely useful to those of us interested in LEAP in the above "blather?"

Jon.
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