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To: Puck who wrote (443)1/22/2002 12:40:48 PM
From: howsmydrivingal  Read Replies (2) | Respond to of 787
 
Puck, the recent acquisition of Giant Bear as well as the voice intigration shows that INSP is moving right along with a focused business approach.

Today's Wall Street Journal, page B5 has an article on Nokia which talks about the $21,000 Luxury cell phone they are selling (along with some 'lesser' varieties of luxury cell phones also in the thousands of dollars. Said Nokia is attempting to make some money in a niche market.

The phones come with a special button for a type of concierge service, you know for dinner reservations and stuff like that. So, it is all coming.....BUT when?

That is the real question as to when INSP will make it. The article also mentions the fact that cell phone sales were slowing and that they were down in 2001.

INSP continues to bet on the mobile commerce, mobile demographics of marketing, mobile value added services, mobile payment systems (others are doing quite well--like paypal--).

INSP is finding ways at diversifying their revenue streams and lowering overall costs to keep the margins high...This will help in the viability of the company.

Companies like Verizon first care only about signing up users for as long as they can...1 year and 2 year contracts. They give them all kinds of late night minutes and weekend minutes and few weekday minutes. They do not even push the wireless web in its current forms as it is too slow and nothing is very compelling about it yet. As an afterthought, they offer some of the web services such as email and alerts and some surfing, but on top of the users monthly bill (again under contract for a year to two years) they want to bill and additional 6 to 10 bucks or so per month. Only when this service can offer merchant savings will it catch on with the average cell phone user.

Only when carries come around with greater anytime minutes will wireless web increase. Only when the later generations of wireless web are in place will it become dynamic enough for user friendly applications.

INSP invested 5 million for the ability to access services easier for cell users by pressing the pound sign twice. Not a bad investment for the wireless web prior to 2.G and later as well as a nice compliment to the eventual adoption of voice and the applications available in 2.5 G and later.