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To: A.L. Reagan who wrote (10474)	3/3/2000 10:13:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 29987

LOL? Why? Do you think Iridium's LEO satellites are going away? Do you know who Iridium's creditors are? I'll give you a hint, it's primarily Chase Manhattan, their lender, Motorola, who built their satellites and is presently operating what there is of the Iridium business, and some litigants. None of whom will profit by the destruction of Iridium. nysb.uscourts.gov Nope, the only ones who will profit by the destruction of Iridium are its competitors, e.g. GSTRF. I spoke today with a number of lower level employees at various Iridium sites, it's still here. Disclosure, not long Iridium, not short GSTRF, just interested in the future of broadband satellite internet. P.S., sorry, I am one of those hated, reviled things, a lawyer, so I know how to read a bankruptcy petition, schedules, and docket. :)

To: A.L. Reagan who wrote (10474)	3/3/2000 11:51:00 PM
From: Geoff Goodfellow	Read Replies (2) \| Respond to of 29987

"we believe that the quality of our system and the value of our assets should attract additional qualified proposals." said Iridium COO Randall Brouckman . I don't know what they are smoking over at Iridium. I bought an Iridium phone about a month ago: a y2k scare never used totally new Iridium 9500 phone off of an ebay sale. I was able to plunk in my GSM SIM card and use the system without a subscription to Iridium itself, but rather through my GSM network provider here in the Czech Republic. My experience has been consistently poor voice quality punctuated with dropped calls (which is what i also experienced at the Iridium display at Telecom 99 in Geneva in Oct). I also spent many many hours dealing with the folks at Iridium with respect to a system design flaw: when I turn the Iridium phone off it doesn't send a DETACH/logout message and my GSM network (http://www.paegas.cz) still keeps trying to forward calls into the satellite system! After going through several levels of management at Iridium and dealing with an engineer in the control room in Arizona it was determined Motorola decided against this "feature" (of logging out at turn off) because it would use bandwidth on the satellites!! As a result, I recieved huge bills from the calls that "looped through" the Iridium system and back to my voicemail system in Prague when my phone was turned off. The satellite network was also pinged each time someone tried to call me or send an SMS message until i could get to another GSM network and force a logout (so much for saving satellite resources!). My take is: the iridium system is as much a technical design failure as it is a financial & marketing one. So now you might ask, why did I buy an Iridium phone? For $500 from the ebay sale i just couldn't resist owning a piece (souvenir?) of "history" -- all nicely paid for by a short position in GSTRF. Geoff Goodfellow Prague, CZ