Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JGoren who wrote (114)	10/21/1998 11:54:00 AM
From: straight life	Read Replies (1) \| Respond to of 2737

Isn't there a quiet period after an IPO during which Lehman isn't allowed to comment?

To: JGoren who wrote (114)	10/21/1998 2:25:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 2737

Yes, we got Harvey's letter too on USA bandwidth expectations. Also, consider the decision on NextWave Telecom's spectrum - the FCC wanted to get it back, but the court said no way or some such. The NextWave spectrum covered 110 million pops, so melding of NextWave and Leap interests would be sound. A takeover of NextWave assets by Leap would see a Leap in Leap - at the moment, without really reading the details, which I know is a bit negligent, Leap seems to have hundreds of millions in book value with a per share value something like $10 or $12. Maybe I just read the wrong lines or something. That reflects no competitive advantage value, so if they were to acquire NextWave spectrum at a similar price to Pocket's spectrum decision by the court, then things should get rolling. Expect a sudden surge in Leap share price, from $4 to $18 when the global spread of Leap becomes obvious with a powerful home base business. With Sprint and Primeco cdmaOne subscribers as low as they are [I'm surprised as I thought the conversion rate from analogue would be a lot faster than it apparently is and new customers at 10 cents per minute would come flooding in] there is plenty of room in the market for another cdmaOne Minute Maker [TM]. Maybe the mess in the FCC C-block auction was in the end a good thing. Billions less to the government to waste, cdmaOne technology much more mature and cheaper for Leap to instal, the cdmaOne market readying to Leap into the hundred million subscriber numbers and The Q shareholders own ALL of Leap instead of just the little bit of NextWave we owned. Official 'Don't Sell' warning! Maurice