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


To: IEarnedIt who wrote (325)4/28/1999 10:01:00 AM
From: KaiserSosze  Read Replies (4) | Respond to of 2737
 
Great news on LWIN!!

I spoke to IR at LWIN yesterday, and they have have an extremely knowledgable and forthright group there. Here's the info I was able to get. As they mentioned in their Q2 news release, Cricket is going better than expected. So well in fact that they may release an interim announcement with updated numbers (they typically only do this at the quarterly earnings announcements)!

As for FCC approval of their recent auction wins, though it may take as much as a few months, they are hopeful that it will be MUCH sooner (actually, they had hoped that the FCC would have ruled on it BEFORE the auction, but they did not)! So, hopefully that will occur in the next few weeks, and potentially any day now.

Finally, they will be getting analyst coverage from a major brokerage firm probably in late May to early June! This should also be a huge plus. I expect that this stock will behave similar to PCNTF (for those of you that did not follow it, it hovered at about 30 for a few months, then put out a few press releases, got analyst coverage, and exploded to about 100. I expect in the late May to early June time frame, LWIN should be an easy double from this level, probably more)!

FYI!

Kaiser