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Technology Stocks : Leap Wireless International (LWIN)

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To: straight life who wrote (273)4/13/1999 11:45:00 AM
From: Jeff Vayda  Read Replies (3) of 2737
 
Good going, I expected the LWIN story to take longer to develop. Have you done enough digging to pull out the cap ex costs for this huge commitment they are getting themselves into? I have enough money sunk into 'non-revenue' generating companies as it is. Might drop some more but not quite yet. Call me old fashioned, call me late to the dance, but I've been down and want to enjoy 'black' for a little while yet.

FYW I see a continued stock increase until the costs of the buildout begin to be felt, then a pull back. Any idea as to the timeframe for commitments of money to the newly auctioned areas?

Jeff Vayda
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