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Technology Stocks : Leap Wireless International (LWIN)
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To: METMAN who wrote (214)3/23/1999 4:02:00 AM
From: Maurice Winn  Read Replies (2) of 2737
 
Metman, re BCICF [Bell Canada Intl] sorry but I have no idea.

I guess that a large part of Leap's brief was always to bid on the C-block reissues since NextWave failed in the effort due to the chance of rebidding and getting a bargain meant it was better to pack up and try again another day. With Korea getting in financial desperation, I suppose funding would have been tough for NextWave anyway.

The silly situation which the FCC is in of considering declining bids from Leap is loopy. The whole idea of giving special privilege to people with sunsafe skin, people with gender or other disabilities and companies with some arbitrary market capitalisation or years since registration is absurd. They should just open the bids to any legal entity on earth [other than certain criminals or out of favour types such as Ghadafi, Saddam Hussein, Milosevic, or Bin Laden]. That way the taxpaying public or shareholders in the USA government would get the biggest bang for their buck [more accurately, the bidders would pay bigger bucks and the auction would go with a bang instead of a fizz].

The Cricket flat-rate $30 plan has been around for years. Q! had thought in terms of six-packs of handsets and really cheap minutes years ago. That time seems to be arriving. 6 packs of ThinPhones won't take up much space either, so they'll go under Xmas trees easily enough. What a great family gift.

Maurice
@417
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