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

To: J.B.C. who wrote (4)	9/11/1998 3:24:00 PM
From: Maurice Winn	Respond to of 2737

biz.yahoo.com Yay, another cdmaOne, cdma2000 location. All grist to the mill. I was thinking of starting one today, being Leap's birthday. But it's nice to be able to play in somebody else's sandpit. You were right, sleeping like a baby when I realized I hadn't been sold out at the bottom on margin after the crash. Leap was lucky they didn't win in Brazil at auction I'd say. Given the economic turmoil and stockmarket crash Brazil has suffered the past little while. They were in there bidding like hungry dogs but were outbid. Lucky us! Also, they cost themselves some money by getting some rules wrong in Australia I think it was. New Zealand is supposed to have a 2GHz auction [it's been postponed until next year; it was supposed to have been in June] and Leap will be bidding on that. I expect. I was going to too, but you know, after the Zenit crash and the market tumble, with special reference to Globalstar and Qualcomm, I'm not likely to do so! You can still write to me at Maurice@cdmacellular.co.nz Leap has got some spectrum in Australia, but not in the major centres other than Brisbane. Globalstar can provide the overall coverage with terrestrial cdmaOne and cdma2000 for urban areas. That's the way I see wireless evolving. Leap has got a problem in that each country is different. Knowing how to handle each market will be a problem. Plenty of international businesses do fine at it, with economies of scale overcoming the advantage of local knowledge, which can be hired. They will also have a roaming advantage - people will be able to use their handset anywhere Leap is located. They'll need to grow VERY fast for that to be an advantage. Vodafone/Airtouch are just a little ahead of them at present. Leap is also taking on a different world from the research labs of Qualcomm and military contracts. This is marketing. NextWave is bloodied and dead with huge expenses with nothing to show. Competition is intense and growing daily. This is a challenge. I've had an email conversation with a frustrated guy [see the Sprint thread where he complained about service] who bought a Qualcomm handset, then suffered at the hands of Sprint. Leap had better do better than that. Every individual counts. But Leap is much better as a name than Vodafone or Airtouch. Vodafone sounds like Darth Vader and Airtouch is a bit poncey. Okay, better keep it brief as is the tradition in this thread. Nice to see the markets not going down today. Maurice [saving my Belgian "Mqurice" anticomputer name for The Q!]