This is a multi-part message in MIME format. ------=_NextPart_000_000C_01BEA7A1.CD592FA0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Any speculations on what is troubling Iridium? They are loosing money = on these launches. Why are their satellites failing? mass production? = How many are up there? And how many (10) failed? What about Orbcomm. = Didn't they loose 12 in a launch explosion? The US isn't the only = country having problems, this is world wide! Are we encountering alien = sabotage? Are they being hacked? In studying the designs I found that = many things in satellites are plug-n-play like with a computer. Do they = use a common OS for their computers? What about software program? = Anyone know? This is coming to a head! What are the missing pieces. = I've seen what I thought were satellites make sharp moves but was told = that they were hitting air pockets. Is this correct? J~ =20 http://biz.yahoo.com/rf/990525/bjs.html Tuesday May 25, 7:18 pm Eastern Time Motorola pulls workers from Teledesic project CHICAGO, May 25 (Reuters) - Wireless communications and semiconductor = maker Motorola Inc. (NYSE:MOT - news) is pulling workers off its = ``Internet in the sky'' project with closely held Teledesic LLC, a = Motorola company spokesman said Tuesday. ``Motorola did do a small internal realignment,'' said Motorola = spokesman Robert Edwards. ``Motorola is still in negotiations with = Teledesic regarding the contract.'' Motorola would not disclose how many workers had been shifted away from = the satellite project. Under an agreement announced in May 1998, Motorola got a 26 percent = stake in Teledesic for $750 million and is the principal contractor in = the venture that is backed by Microsoft Corp. (Nasdaq:MSFT - news) = chairman Bill Gates and wireless communications entrepreneur Craig = McCaw. Teledesic is developing a satellite communications network to provide = affordable telecommunications services including Internet access, = video-conferencing and other services. A spokesman for Bellevue, Wash.-based Teledesic said Motorola was = reallocating resources to Iridium LLC (Nasdaq:IRID - news), which is a = financially troubled global satellite phone system in which Motorola has = an 18 percent stake. ``Obviously Motorola's immediate priority is ensuring that the Iridium = system performs up to expectations,'' said David Bowermaster, spokesman = at Teledesic. ``We strongly encourage that effort by Motorola.'' Motorola and Teledesic are still working together to finalize the = details of the satellite system design and the system agreement, both = companies said. ``The design work between the two companies is continuing,'' Bowermaster = said. Motorola's Edwards said the realignment ``was not really about = Iridium,'' rather the company was taking a look at other strategic = business opportunities beyond satellite and said some of the projects = where the workers were shifted were land-based. Shares of Motorola closed off 7-9/16 at 79. ------=_NextPart_000_000C_01BEA7A1.CD592FA0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
CHICAGO, May 25 (Reuters) - Wireless communications and semiconductor =
maker=20
Motorola Inc. (NYSE:MOT - ``Motorola did do a small internal realignment,'' said Motorola =
spokesman=20
Robert Edwards. ``Motorola is still in negotiations with Teledesic =
regarding the=20
contract.''
Motorola would not disclose how many workers had been shifted away =
from the=20
satellite project.
Under an agreement announced in May 1998, Motorola got a 26 percent =
stake in=20
Teledesic for $750 million and is the principal contractor in the =
venture that=20
is backed by Microsoft Corp. (Nasdaq: Teledesic is developing a satellite communications network to provide =
affordable telecommunications services including Internet access,=20
video-conferencing and other services.
A spokesman for Bellevue, Wash.-based Teledesic said Motorola was=20
reallocating resources to Iridium LLC (Nasdaq: ``Obviously Motorola's immediate priority is ensuring that the =
Iridium system=20
performs up to expectations,'' said David Bowermaster, spokesman at =
Teledesic.=20
``We strongly encourage that effort by Motorola.''
Motorola and Teledesic are still working together to finalize the =
details of=20
the satellite system design and the system agreement, both companies =
said.
``The design work between the two companies is continuing,'' =
Bowermaster=20
said.
Motorola's Edwards said the realignment ``was not really about =
Iridium,''=20
rather the company was taking a look at other strategic business =
opportunities=20
beyond satellite and said some of the projects where the workers were =
shifted=20
were land-based.
Shares of Motorola closed off 7-9/16 at 79.