Following the discovery of inositol-1,4,5-trisphosphate as a second messeng
er, many other inositol phosphates were discovered in quick succession, wit
h some understanding of their synthesis pathways and a few guesses at their
possible functions. But then it all seemed to go comparatively quiet, with
an explosion of interest in the inositol lipids. Now the water-soluble pha
se is once again becoming a focus of interest. Old and new data point to a
new vista of inositol phosphates, with functions in many diverse aspects of
cell biology, such as ion-channel physiology, membrane dynamics and nuclea
r signalling.