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


To: pcstel who wrote (2409)7/24/2002 10:03:31 PM
From: A.L. Reagan  Read Replies (1) | Respond to of 2737
 
>>Cost of Equipment per Gross Add

Do you think this reflects the cost they are paying to vendors or all the handsets they buy that end up in parts unknown (due to the "F" word)?



To: pcstel who wrote (2409)7/25/2002 2:59:15 AM
From: Pierre  Read Replies (2) | Respond to of 2737
 
Only need to look at one thing!!
Cost of Equipment per Gross Add!


OK, so it continues to increase. This means fraud problem is getting worse ... or they continue to hide other costs in the cost of equipment ... or ... ?

What's your take, pcstel. I assume you're no longer invested. I note some others who were quite rigorous with spread sheets and the like are similarly quiet, and I assume have moved on. So what do you conclude. Is LWIN in a death spiral?

TIA.

Pierre