How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 506.00

+1.8%

3:59 PM EST

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To: t2 who wrote (15332)	2/1/1999 3:27:00 AM
From: Martin Rasch	Read Replies (1) of 74651

cable companies teledesic.com Fast Facts The Company Teledesic is building a global, broadband "Internet-in-the-Sky." Using a constellation of low-Earth-orbit satellites, Teledesic and its partners will create the world's first network to provide affordable, worldwide, "fiber-like" access to telecommunications services such as broadband Internet access, videoconferencing, high-quality voice and other digital data needs. On Day One of service, Teledesic will enable broadband telecommunications access for businesses, schools and individuals everywhere on the planet. Timeline 1990 Company founded 1994 Initial system design completed; Federal Communications Commission application filed 1997 FCC license granted; World Radio Conference designates necessary international spectrum for service 1998 Motorola, The Boeing Company and Matra Marconi Space join efforts to build the Teledesic system 2003 Service targeted to begin I don't know what the implications will be (though I assume them to be HUGE) but two things are for sure: - It will NOT help cable companies, - If there is any beneficial for Internet companies, MSFT occupies the pool position. to all, make your DD and let us know your conclusions thank you M "Never before has innovation offered the promise of so much to so many in so short a time." Bill Gates

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