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Technology Stocks : NEXTEL
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To: PAUL ROBERT ST. ONGE who wrote (3757)12/17/1997 8:28:00 AM
From: Rob Prickett  Read Replies (1) of 10227
 
Paul,

Thanks for your post. On the Yahoo Nextel message board, someone wrote that McCaw has taken an active lead at Teledesic, the (was 800+, now 280+ planned low-earth orbit satellite) "Internet in the Sky" system. Combine Teledesic, Nextel, and Nextlink (local phone) which are all McCaw companies and a potential future partnering with Microsoft and the possibilities are staggering. I'm not saying anything definite, but there is a scenario which could make a lot of sense down the line. By the way, Bill Gates is the other main investor in Teledesic. Boeing rounds out the Seattle triad; I'm pretty sure they are slated to build the Teledesic satellites (someone here correct me if I'm wrong).

Rob
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