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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: willcan who wrote (15269)	7/7/2002 4:47:06 PM
From: Art Bechhoefer	Read Replies (2) \| Respond to of 36161

willcan--Despite the high debt levels at LWIN, there is one key factor that is likely to keep LWIN from failing--QUALCOMM, and in particular its CEO Irwin Jacobs. He started Leap Wireless to show the wireless world that it would be possible to design a wireless phone system that would compete with wireline. I don't believe he is ready to let LWIN fail. In the past, QCOM has provided assorted types of assistance over and above their original investment. Just a hunch, but based on a rather long record of QCOM assisting LWIN. Art