Leap Wireless International (LWIN) Message Board

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Technology Stocks : Leap Wireless International (LWIN)

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To: bananawind who wrote (334)	4/28/1999 12:02:00 PM
From: Jeff Vayda	Read Replies (1) of 2737

Jim: Would that secondary offering not be a positive and (given a minimum support level) increase the value of 'original' shares? That is how I would look at it but I am not a professional money shuffler. Sprint is making great strides in coverage and customers but it is very expensive business and not making money yet. They will continue to have the stock price supported as long as they dont trip up and have the subscriber numbers fall. LWIN is going to be the same position. As long as they produce, people will overlook the cap ex it is going to take. It might take some time for the street to understand what LWIN is all about, but good results from Cricket will go along way towards that end. Long term if they execute the business plan, things will be good. But then again, you can say that for most business'. My vote is out. I am in favor of the concept. I also plan to increase my vote and buy more shares this summer. Darn thing got away from me earlier this year. :-( Jeff Vayda

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