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


To: Jon Koplik who wrote (2054)5/22/2002 12:28:13 AM
From: Maurice Winn  Read Replies (1) | Respond to of 2737
 
$38 per month per subscriber x 1,500,000 customers = $57 million per month = $700 million per year in 8 days.

Now that you point it out, having revenue of $1.0032 billion per year by the end of December is a LOT better than Globalstar's near-zero and declining revenue.

Thanks for pointing out that revenue is an important part of a business ... I forgot.

2.2 million x $38 x 12 = $1.0032 billion [if they go on getting 100,000 subscribers per month, frauds included as well as a little growth].

Crikey, that's real money.

Mqurice

PS: Crikey is an archaic Kiwi expression, unknown by Generation X and Y, unrelated to Cricket Communications.

Sier Maths Policeman may comment on $1.0032 billion.