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To: Sam Citron who wrote (4286)	6/22/1999 9:37:00 AM
From: MikeM54321	Read Replies (1) \| Respond to of 12823

"Users will be able to receive files at speeds to 400 Mbps and send information back at 16 Mbps." Sam, This is pure speculation by a reporter, right? I mean if Hughes announced something like this, it's almost downright lying. Might as well hang up Teledesic, Cable Modems, DSL, Fixed Wireless, Powerlines, etc. buildouts because NOTHING could compete with that bandwidth. Do you have a url to the article? Thanks, MikeM(From Florida) PS Plus, if it's accurate, I would be worried about going outside without a tin foil hat. With a 400 Mbps download speed, I would be worried about having my brains micro-waved<VBG>.

To: Sam Citron who wrote (4286)	6/23/1999 6:29:00 AM
From: MikeM54321	Read Replies (1) \| Respond to of 12823

Re: AOL and Hughes Electronics(Spaceway?) Sam and Thread, Sure sounds like the Hughes Spaceway system is tied into AOL's investment? But Spaceway is considerably more complicated than the current satellite project, Direct PC. What they bought for $1.5 billion is confusing at this point. I wonder if AOL is really getting involved in a project that apparently would compete directly with Gate's Teledisic? The article below doesn't mention moving up the 2002 date. I would not be surprised if this ends up starting in 2005. That is why I'm puzzled why AOL would get involved in something so complicated? I'm sure further articles will clarify the slight confusion. I imagine the $1.5 billion buys them something that is here and now. While allowing AOL to get involved with the Spaceway project, in some manner, when that becomes viable. MikeM(From Florida) ****************** AOL, Hughes ink deal to push TV, 'Net services By NANCY WEIL IDG News Service, 06/22/99 America Online and Hughes Electronics yesterday deepened an existing partnership by announcing a joint effort to develop and market integrated digital entertainment and Internet services in the U.S. AOL is investing $1.5 billion in a General Motors equity security. Ultimately, this AOL investment will lead GM to put that same amount of money into a Hughes security. Hughes will then market AOL TV, AOL-Plus, a high-speed Internet service as well as speed growth in Hughes' DirecTV and DirecPC. The Hughes marketing push will cover three years. In addition, Hughes will invest $1.4 billion to design, manufacture and launch its new North American satellite system for two-way broadband connectivity. The system, called Spaceway, will launch in 2002. AOL and Hughes also will examine broadband satellite possibilities in Latin America. The two companies have an existing agreement to create a set-top receiver for DirecTV and AOL TV, making those offerings available next year to consumers. The deal also calls for AOL-Plus to be available across the U.S. via the DirecPC satellite Internet network by early next year. AOL is working with Bell Atlantic and SBC Communications to provide digital subscriber line broadband Internet connectivity to AOL subscribers.