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


To: netwatcher who wrote (2400)7/23/2002 6:12:12 PM
From: Art Bechhoefer  Respond to of 2737
 
LWIN wasn't the only service provider that got pounded. It's still a symptom of no confidence in the whole sector. At these prices, one can start thinking about takeovers, as consolidation is probably going to be encouraged by the current administration.

Art



To: netwatcher who wrote (2400)7/23/2002 6:53:27 PM
From: Jon Koplik  Respond to of 2737
 
Re : share price dips (collapses) right before earnings announcements -- back in the 1997 and 1998 "everyone knows Qualcomm sucks" time period (before QCOM's 2600% share price increase in 1999) ...

Qualcomm used to often get slammed quite hard in the day or two before earnings announcements.

I always assumed it was some a-hole hedge fund / short seller type trying to scare people into the "someone MUST know something" mode of fear.

Of course, no one ever did learn who was selling (or why).

Jon.



To: netwatcher who wrote (2400)7/23/2002 7:12:36 PM
From: A.L. Reagan  Read Replies (1) | Respond to of 2737
 
does the market know something about Leap's news tomorrow

The press release could have phrases like "Leap addressed fraud" ... "Dealer fraud" ... "fraudulent charges in the LEAP network" ... "new adds declined due to fraud mitigation"... "increased costs due to fraud control".

WorldCom fraud, Enron fraud, Citicorp fraud, JP Morgan fraud, Tyco fraud, Arthur Andersen fraud. Stock options fraud, broker/dealer fraud. Fraud, fraud, fraud. See fraud - sell, sell, sell. Why think? Just sit back and get fried by fraud!

ALR, no longer P.O'd for getting booted out of LWIN at $1.26-$1.30.