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To: Jay Rommel who wrote (84778)11/21/1999 9:13:00 PM
From: FESHBACH_DISCIPLE  Respond to of 164684
 
aol will vanish as per this press release.

FLAT FEE INTERNET FOR $49.95 A MONTH IN YOUR POCKET!!!!

When you have internet in your pocket who needs the nonsense at home.Definetely not worth $20 a month.

irst fully featured and integrated service brings wireless Internet access to Palm V users, making it easy to stay connected anytime and
anywhere

LAS VEGAS, Nevada, November 15, 1999 - OmniSky Corporation, formerly OpenSky, today announced the beta launch of its wireless
Internet and email service, which enables mobile professionals to stay in touch with business-critical information when they are on the road.
The extensive public beta program, which begins in mid-December, is being offered to Palm V users. The OmniSky service is the first to
integrate hardware, software and Internet access in an easy-to-use solution.

Modem and Unlimited Access Through March 31, 2000 for $299

OmniSky's public beta program will begin in mid-December, with signups starting immediately. The official nationwide launch is scheduled for
Q1 of 2000. The beta program is being offered to the first 5000 Palm V users who register for the service. OmniSky is conducting the beta
program in order to obtain real-time feedback from users to ensure an exceptional customer experience. For $299, beta users will receive an
OmniSky? Minstrel? V wireless modem and unlimited service through March 31, 2000. At that point, these "charter" users will be offered a
15% lifetime discount on the lowest published rate for the service. The offer is accompanied by a 30-day money-back guarantee. Users may
sign up at the OmniSky website or by calling 800.860.5767.

"The Palm V is a runaway leader in handheld organizers, so it was a natural choice to look to this group of customers for the initial launch of
our services," said Patrick McVeigh, CEO of OmniSky. "We know these users like to be the first to try new innovations, so we are inviting them
to participate in our unique customer beta program and to give us their feedback. We are dedicated to providing an extraordinary service that
keeps mobile professionals in touch no matter where their business takes them."

OmniSky also announced today that AT&T Wireless will be the premier telecommunications carrier for the service (see separate release). The
OmniSky service leverages the Aether Intelligent Messaging technology from Aether Systems, which is optimized for wireless applications and
provides device and network independence. The service includes:

Full-featured email from existing email accounts: The service supports most POP3 email accounts and even alerts the user when
new email messages are waiting to be read.
Real web content with full access to the Internet: The OmniSky service supports Palm Query Applications (PQAs), which let users
receive instant "web clippings," providing information such as stock quotes, weather and airline schedules. Users can browse the web
using Internet channels developed by AvantGo, which optimizes content for wireless devices. In addition, OmniSky users can access
virtually any web site through an included browser.
Integrated Palm and wireless applications: Standard Palm applications such as AddressBook and DateBook are enhanced with
new wireless capabilities. This allows a user, for example, to simply email entries, including Vcals or Vcards, directly from their
AddressBook or DateBook, as well as to download entries to these applications directly from the Internet.
Custom-designed wireless CDPD (Cellular Digital Packet Data) modem: As part of the service, users receive a sleek,
high-performance OmniSky? Minstrel V? wireless modem for the Palm V organizer, exclusively offered by OmniSky.
Simplified fixed rate pricing: To encourage users to participate in the beta program, OmniSky is offering the modem, software and
unlimited usage for $299 through March 31, 2000. Omnisky will continue to offer fixed-rate pricing when it officially launches the
nationwide service in Q1 of 2000.

About OmniSky Corporation
Formed as OpenSky in June 1999 by former executives from 3Com and InfoSeek, OmniSky Corporation provides mobile professionals with fully
featured, easy-to-use, integrated wireless solutions for "any time anywhere" access to the Internet. OmniSky's initial offering is a nationwide
Internet and email service for Palm V users. The company also plans to provide Internet, intranet and other personal data-access services for
mobile professionals using a variety of existing and future IP-enabled wireless devices, including other Palm organizers, Windows CE devices,
pagers and WAP-enabled telephones. OmniSky will work worldwide to provide services to consumers and corporations over networks based on
a wide range protocols.

OmniSky works closely with leading companies in the wireless community to accelerate the adoption of high-speed wireless Internet access
by consumers and corporations. OmniSky is funded by 3Com Corporation and Aether Systems and maintains strategic relationships with
these companies as well as with AT&T Wireless, AvantGo, Inc., JP Systems, Novatel Wireless, 3 Com's Palm Computing unit, Riverbed
Technologies, Synergy Solutions, Inc. and TRG Products. OmniSky is based in Palo Alto, California. Their web site is www.omnisky.com.



To: Jay Rommel who wrote (84778)11/21/1999 9:19:00 PM
From: FESHBACH_DISCIPLE  Respond to of 164684
 
As for ebay i think when everybody is finished selling their junk from their closets that part of the biz will vanicsh.

As for local classifieds that has alot of potential.

Even though they are the early leader,anybody (for example dow jones,ny times) can leverage their subscriber base to offer a software enhancement to offer local classifieds.

Not much barriers to entry.Therefore not much of a protected
profit margin.

It takes two minutes of your time to register with a competitor,especially if listing fees are lower.

No ebay exists in 3 years.



To: Jay Rommel who wrote (84778)11/21/1999 9:21:00 PM
From: FESHBACH_DISCIPLE  Read Replies (2) | Respond to of 164684
 
As for yahoo.I use them everyday and they haven't got a penny from me yet.

Ad model doesn't work too many channels available on internet.

Only works when you have a monopoly on space.

Ad bartering back and forth doesn't impress me(especially between softbank companies).

Not profitable going forword.