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To: Maurice Winn who wrote (5532)	7/4/1999 5:17:00 PM
From: John Stichnoth	Respond to of 29987

Thread: A short colloquy from the Last Mile thread, relating to Teledesic's prospects, perhaps: To: +Warren Gates (0 ) From: +Darren DeNunzio Sunday, Jul 4 1999 3:41AM ET Reply # of 4436 Just for Fun! Some paragraphs from "The Road Ahead", published in 1995,96. [Relevant passage quoted in reply--JS] To: +Darren DeNunzio (4427 ) From: +Frank A. Coluccio Sunday, Jul 4 1999 3:48PM ET Reply # of 4436 Darren, re: unrealistic expectations as cited by Gates Several major U.S. telephone companies each proclaimed that they would wire 500,000 to 1 million households a year, with a total of more than 9 million expected to be hooked up by the end of 1996. I find it interesting that the whole world took Ray Smith's and Malone's visions of millions of homes and the 500 channel schtick with a very large grain of salt, and yet Bill G found it worthy of noting in his book. This in some ways reminds me - and I think portends the outcome of - another venture we discussed here, recently: Teledesic. Regards, Frank Coluccio