To: jim black who wrote (1706 ) 1/18/1998 11:29:00 AM From: JMD Read Replies (1) | Respond to of 10852
Jim, I don't qualify as "more informed" but can offer some sympathy. Like you, the world wide wait was and is a source of enormous frustration. All the great stuff about the net just seems to be very diminished in value. Then I started reading (this is 1 1/2 years or so back)that Bill Gates was frustrated about the "bandwidth problem", so much so that BG and McCaw were trying to scratch up nine billion to build Teledesic. I thought: it's not just me, this is serious and there must be an enormous investment opportunity here, and so I built a mini-portfolio consisting of companies that are in one way or another working on the bw problem. The research into Teledesic took me to LOR and GSTRF. Those boards have lots of guys/gals who own QCOM which in turn spun off into TLAB, LU, ANDW, and GLW. This is kind of like buying Nordstrom to ward off credit card pain, but it's an idea for you to consider. As to when all of the home internet users at the end of the wire will get some relief?--everybody disagrees with everybody on everything. Best I can tell, cable modem (I think Bill has figured out that Teledesic may be just a mite far fetched and has hedged his bet with investments in cable companies to get modems and set top boxes running Windows CE of course) into your/my dens will be the first, real, no kidding improvement that is a 'quantum leap'. All @home users report jaw-dropping amazement at cable modem speeds. Meanwhile, all xDSL solutions seem too expensive, too far away, too threatening to the RBOCs, etc. to predict any real help there. And as you have found out 56k is a joke (if not a fraud). Now as to the future, I think Cyberstar will dust Teledesic which will make me a very happy (a)shareholder of LOR and (b) customer of Cyberstar to access the net. But this is circa 2001, at which point I think it will make sense to stick a dish on the roof and say good-bye to the cable companies for both TV and net--for now, Hughes gives you that option but while it's great for TV, it's expensive for the net, and as someone else pointed out, it's expensive, and uplink speeds are slow-poke. Cyberstar will give you almost the same speed up as down and presumably be much more competitive. Thoughts to soothe frustration :). Mike Doyle