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To: Rocket Scientist who wrote (8642)	12/10/1999 7:23:00 PM
From: ccryder	Read Replies (2) \| Respond to of 29987

<<Motorola shall not be under any obligation to continue to provide any services under the O&M contract .... beyond the Third Budget Period" except to the extent it actually gets paid. >> I doubt that Irid will get many new customers with this provision. Not only that, with sales force virtually shut down, who will sell phones?

To: Rocket Scientist who wrote (8642)	12/11/1999 11:01:00 AM
From: thomas_l	Respond to of 29987

The $20M in cash to Iridium might just be to delay the liquidation until after the '00 meltdown. I just realized that the 50K Iridium phones sold as an Y2K backup solution would be returned to Iridum/Motorola with a refund request totalling $1200 * 50000 = $60M. Just after people have proven that no problems came up with the global phone systems, Iridum can be shut down with out any claims of refund. It did its job, provided protection against the millenium bug! Thomas L