Leap Wireless (LEAP)

[kenwilliams]

Buyout target by the top three cell phone companies!! Insiders are buying early before the news!

Leap Wireless International Inc. (LEAP) -NasdaqGS
6.22 0.28(4.71%) 11:45AM EDT - Nasdaq Real Time Price!

Buy out price is around $16.00 a share! Offers are on the table!

Falcon Point Capital LLC says shareholders could see the value of their stakes doubling in a takeover from $4.96 a share yesterday, while Pivotal Research Group sees a deal driving the stock to $16.

Aug 14 - Standard & Poor's Ratings Services said today that it raised its
issue-level rating on the senior unsecured debt at Leap Wireless International
Inc. subsidiary Cricket Communications Inc. to 'B-' from 'CCC+' and
revised the recovery rating to '3' from '5'. The '3' recovery rating indicates
our expectations for meaningful (50%-70%) recovery in the event of a payment
default. (For the full recovery analysis, see the report on Leap, to be
published shortly on RatingsDirect.)

52wk Range: 4.28 - 11.30