To: Mohan Marette who wrote (34017 ) 3/12/1998 12:59:00 PM From: Mark Fowler Respond to of 176387
<< off topic>> Hopefully GSTRF will get another stock split this coming April. I bought last yr when I was thinking about the internet revolution and how it will play a major roll in e-commmerce worldwide. And I know e-commerce will adventually make currency nonexistent. And as the internet is starving for more bandwithe all the time I thought GSTRF will be one solution for this down the road. They have plans to use this system for the internet in the sky also. Last I heard the co. was seeking FCC approval for the licenses. Plus I like the fact that it's pure play on satellite communications. I wish Bill gates and co. would of gone public with teledisc. Well I like LOR too. I herd the earnings report was good this last qtr. and GSTRF moved up in symphony with LOR. Good luck to you and your doing a terrific job on the SI threads. I saved this article and wanted to share it with you. How Satellites From Outer Space Will Save the Web Jesse Berst, Editorial Director ZDNet AnchorDesk Monday, May 12, 1997 The Internet is slowly starving to death. It needs the nourishment of high-speed access to grow up strong and healthy. The best hope for that access, it now appears, is an invasion from outer space. The cable and phone companies are fumbling the market for high-speed Internet access. Land-based technologies such as universal ISDN, high-speed xDSL phone lines, fiber-optic links and cable modems were supposed to be here by now. Instead, they are available only in select areas. Where they exist, they are badly overpriced. The greed and stupidity of the phone and cable companies has opened the door for an out-of-this-world competitor. I call it the "OuterNet"-my name for high-speed Internet access via satellite. Three recent developments reveal that we are closer than expected to this exciting prospect: The FCC just approved Sky Station International, a plan to provide T1-level service (1.5Mbps) to your laptop via giant "weather balloons." (Really!) The FCC also approved Teledesic's scheme to put hundreds of satellites into low orbit by the year 2002. Originally founded by billionaires Bill Gates and Craig McCaw, the company just received an investment of up to $100M from Boeing, which will also be the prime contractor. Hughes Network Systems just announced the Enterprise Edition of DirectPC, a satellite-based Internet service introduced last year for consumers. The top-of-the-line version provides corporations with up to 24Mbps. In select parts of the world, you can get high-speed satellite access now. In the next few years, another 10 or so satellite networks will, er, get off the ground. In addition to the names mentioned above, major players include AT&T (Voice Span), Loral Aerospace (CyberStar), TRW (Odyssey) and Motorola (M-Star). My prediction: Within the next three years, most of you will be able to choose between several satellite access services with moderate prices and high speeds. The ramifications: Satellite access will put the world back into the World Wide Web. There's no way developing countries can afford to wire up every home and business. With satellite access, they don't have to. Result: Billions more potential customers. (Yes, I said billions.) Big corporations will be the first target. Then we'll see programs for mobile workers and for consumers. Anytime, anyplace computing will finally become reality thanks to global satellite coverage. If you are trying to figure out when the Internet will become a true mass medium, when ordinary consumers will be able to get rich multimedia content, when the Internet will really blast off, stop looking at the ground. Stop looking to the bumbling telcos and the cash-starved cable companies. Look to the sky instead. The Internet's salvation will come from satellites.