Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Leap Wireless International (LWIN) -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (1895)	4/15/2002 7:39:49 PM
From: oconnellc	Read Replies (2) \| Respond to of 2737

I feel stupid, but I have searched Yahoo finance trying to find their stock talk areas... Anyone got a link? Thx, Chris

To: Jon Koplik who wrote (1895)	5/15/2002 3:27:56 PM
From: rharshman	Read Replies (1) \| Respond to of 2737

If management is correct, and it seems foolish to ignore their observation, LWIN will need to raise about $225MM before the end of next year. Worst case, that will have to be equity and each present investor would have an opportunity to protect their interest by subscribing an amount equal to about $6 per share (37MM X 6 = 222MM). That is not a horrifying prospect if by the end of 2003 the outlook for fiscal 2004 will be for some real earnings. Of course, if such a prospect does then exist, equity or other financing can probably be arranged on a basis that is not remotely feasible in today's market. But that is the big IF. Playing around with Arun's projections through 2003 and trying to extend them through 2004 2005 (feasibility calculations) I come up with the possibility of earning $1 per share in 2004, with further growth ahead. That sounds pretty good, but it may be a very rose colored glasses view. I would surely appreciate someone taking a critical stab at a 2004 projection. Because THAT is what we will be looking at when the die is cast on whatever financial package is worked out to meet the 225MM requirment,