Leap Wireless International, Inc. (NASDAQ:LEAP)
A wireless communications carrier that offers digital wireless service in the United States of America, under the 'Cricket®' and 'Jump Mobile' brands.
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Just a matter of time, Karma...they got away without paying vendors a dime.
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great service, low cost will continue taking sprint share. Unhappy with sprint and its phones. Leap will continue growing.
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What I see is that this company has 4 bil market capital with profit margin of about 5% 10 mil profit last quarter and over 800 mil in debt.
Not to mention that their product isn't innovative - they face massive competition from other wireless providers.
This doesn't look good at all. Even if they will make 1$ EPS 3-4 yrs ahead from now that's going to be over 60 P/E and once the growth is done companies tend to trade in the range of 10-30 P/E
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THIS COMPANY IS ENJOYING FAST GROWTH It has a special market in the moble phone business
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They are getting permits all over the country for their new retail stores.
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less competition in small town area. solid financial background.
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Leap is well positioned and their recent wins in FCC auctions will provide them growth opportunities for the future.
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