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Hi Eli,
Which version of the ISO7421 are you looking at? The ISO7421 is rated up to 1MBPS, so it can handle any speed up to that rating. It is not limited to the highest signal rate only. Where are you seeing 150KBPS?
Other versions include the ISO7421E which is rated up to 50MBPS, and the ISO7421FE which is also rated up to 50MBPS.
Please let me know if you have any other questions.
Thanks,
John