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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here
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To: Frank A. Coluccio who wrote (4306)6/23/1999 9:58:00 PM
From: Raymond Duray  Read Replies (1) of 12823
 
Hi Frank,

Re: MSIA, since they have never appeared on my radar before and seem to promise more than they can deliver, I can only suggest the large size grain of salt.

Re: Teledesic, MOT has recently pulled the bulk of the engineering staff it had assigned to the project in anticipation of a signed contract with Teledesic. The schedule for the overall project has been very negatively impacted by this development. It appears that, for whatever reason, (aggresive competition comes to mind here), Bill and Craig are having a bit of trouble putting their money where there mouths are.

Re: KMX, I met today with a couple members of the staff at KMX and will let you know when things develop out here. A very knowledgeable group, but not forthcoming with a whole lot of detail just yet.

Best, Ray
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