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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.28

-1.7%

3:59 PM EST

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To: Maurice Winn who wrote (6501)	12/15/1997 1:51:00 PM
From: dougjn	of 152472

Thanks, Maurice. That was reassuring. (Have to quibble over one thing. Yacht owners (which I gather includes you, from your web site pictures) will be the FIRST adopters. The community has only been wishing hoping for it for a decade or more. Part of the roll out delays relate to groundstations, from what I understand. It appears that some (half?) are sort of on a wait and see basis, going a little slow. Re: competition. Well, the great thing is the I* is so much higer cost and lower capacity. <g> New competition will take years won't it? Seems like it takes at least four or five years to get a system up. The cost/experience advantages to G* to add a second layer of satelites would seem huge. (And of course G2 is on the drawing boards for what, 2001 now?) PS Do you own Lor also? Are you convinced that G had better five year returns from here than Lor? Doug

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