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To: mishedlo who wrote (114992)	7/31/2001 12:15:13 AM
From: Lucretius	Respond to of 436258

no idea... don't follow it

To: mishedlo who wrote (114992)	7/31/2001 12:52:01 AM
From: LLCF	Read Replies (1) \| Respond to of 436258

They've been involved in that one forever... early on to promote CDMA DAK

To: mishedlo who wrote (114992)	7/31/2001 2:38:20 AM
From: Dr. Jeff	Respond to of 436258

<<<WTF is qualcomm doing messing around with LWIN? >>> LWIN was a late 1998 spin off of QCOM. Seems they've done pretty well with it as an investment. Both LWIN & QCOM are in my long term short portfolio (looking for hat size and teen respectively).............. edgar-online.com From Sept 28, 1998 S-1: This Prospectus relates to the issuance by Leap Wireless International, Inc. ("Leap" or the "Company") of up to 2,271,060 shares of Common Stock of the Company, par value $.0001 per share, (the "Leap Common Stock"), including certain attached preferred stock purchase rights (the "Rights"), upon the possible future conversion of the Trust Convertible Preferred Securities (the "Trust Preferred Securities") of QUALCOMM Financial Trust I, a wholly-owned statutory business trust of QUALCOMM Incorporated ("QUALCOMM"). The Company was formed as a wholly-owned subsidiary of QUALCOMM. On September 23, 1998 (the "Distribution Date"), QUALCOMM distributed all of the outstanding Common Stock of the Company to QUALCOMM's stockholders as a taxable dividend (the "Distribution"). As a result of the Distribution, and pursuant to a resolution of the QUALCOMM Board of Directors as permitted by the Indenture relating to the Trust Preferred Securities, each holder of a Trust Preferred Security is entitled to receive both QUALCOMM Common Stock and Leap Common Stock at a rate of 0.6882 and 0.17205 shares, respectively, upon the future conversion of such Trust Preferred Security.