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

To: Peter V who wrote (317)4/23/1999 2:02:00 PM
From: SKIP PAUL  Read Replies (1) | Respond to of 2737
 
LWIN at 2 million subs within the next couple of years and a modest valuation of $1750 per sub would be worth $3.5 billion. Of course LWIN needs to achieve that level but I cannot think of any insurmountable hurdle given their close relationship with QCOM.



To: Peter V who wrote (317)4/23/1999 2:28:00 PM
From: waitwatchwander  Respond to of 2737
 
Maybe LWIN can get to this kind of valuation, but they are not yet a household name like Sprint, so it will also take time.

In addition to time, I'd add a few billion "cap ex" dollars to the "it's going to take" pot.

nF


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