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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (4673)	7/15/1999 9:46:00 PM
From: Bernard Levy	Read Replies (1) \| Respond to of 12823

Hi Frank: I did not follow carefully MOT's earnings report, but the accounts seem to indicate they were stepping away from IRID, and were unsure about Teledesic's future. Remember that both Iridium and Teledesic rely on satellite switching, whereas Globalstar has a bent-pipe structure (the satellite is just a repeater) where all the electronics is in earth-based gateways, and thus is cheap to repair or upgrade. I do not recall off the top of my head the Skybridge architecture, but I think it is also of the bent-pipe variety. A problem of IRID is that many of its satellite died, probably due to their electronics complexity. Best regards, Bernard Levy