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


To: KaiserSosze who wrote (333)4/28/1999 11:46:00 AM
From: bananawind  Read Replies (3) | Respond to of 2737
 
KS re I said I thought it was an easy double from these prices

I won't speculate on what the price will do, but my worry is that the number of shares will double in the next few months, and I'm not referring to a split. Your report of impending analyst coverage sounds ominously like a secondary equity offering could be in the works. Given their ambitious buildout plans, it will probably be necessary. There is a limit to how much debt and off balance sheet vendor financing can be supported by LWIN's current equity base.

Regards,
Jim