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The Almighty Buck

Chapter 11 For Excite@Home 141

n8twj writes: "According to this story at CNET News, Excite@Home, the leading provider of broadband Internet access, said Friday it will file for Chapter 11 bankruptcy protection and sell its high-speed network to AT&T for $307 million in cash." jgbrown adds: "@Home files for Chapter 11, they are going to sell their assets to AT&T unless they get a higher offer. Here is a Yahoo News link." An Anonymous Coward adds a link to a story at cnnfn.com." Just like Loki and Exodus, this doesn't mean that Excite@Home has dropped off the face of the earth -- it does mean that are seeking legal protection from creditors in an attempt to reorganize.
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Chapter 11 For Excite@Home

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  • by compugeek007 ( 464717 ) on Saturday September 29, 2001 @10:01AM (#2367778)
    Okay maybe ssomeone here with a higher mental capacity can help me -

    I Have @Home service, But I pay my bill to AT&T @Home. My cable TV is Comcast, but I pay my bill to ATT Cable. When I call for service, A Media One truck pulls up.

    I am beginning to think all of these cable companies are a smokescreen for Microsoft.
  • by Jace of Fuse! ( 72042 ) on Saturday September 29, 2001 @10:14AM (#2367810) Homepage
    AT&T is thinking about selling it's broadband access to AOL, and this deal is likely just intended to sweeten the pot. Imagine, AOL as the one true broadband provider/movie studio/tv news outlet/browser company/music label? Yep, time to start a dialup ISP in MY area ;-)

    Given all of the Sci-Fi movies where robots and computers take over the world (Terminator, Matrix, etc...) maybe having Microsoft as an OS Monopoly and AOL as the sole connectivity provider would be a really good way to keep the Robots in check.

    Them: "ALL YOUR BASE ARE BELONG TO..." [Network lag][BSOD]

    Us: Quick, someone shut that thing off, it's annoying me.
  • by dbolger ( 161340 ) on Saturday September 29, 2001 @11:23AM (#2367952) Homepage
    ...it will file for Chapter 11 bankruptcy protection and sell its high-speed network to AT&T for $307 million in cash...
    ...preferably in non-sequential unmarked bills.
  • by Thatman311 ( 316281 ) on Saturday September 29, 2001 @11:28AM (#2367967) Homepage
    Wow that sure is one way to handle a customer of yours complaining. They bitch...you flame. Man that is some awesome customer service.
  • by rant-mode-on ( 512772 ) on Saturday September 29, 2001 @11:45AM (#2368031) Homepage
    AOL, ATT and Comcast were falling over themselves today in attempts to buy the ailing @home. However, it is believed that talks have fallen through. Evidence of this was leaked by a disgruntled employee who had a copy the 'training tape' made when Comcast called:

    @home: "Hello, can I have your at home account name please?"

    comcast: "Er, actually I work for Comcast and I would like to buy your company, and I need to speak to your CEO about a deal"

    @home: "Oh, can I have your primary email address then please?"

    comcast: "No, you don't understand, I called earlier and left a message for your CEO to call me back."

    @home: "Ok, I see the problem then. Could you unplug your cable modem for 30 seconds please?"

    comcast: "What? No, I need to speak..."

    @home: "I'm sorry that won't be possible, nobody here has telephones. You need to unplug your cable modem."

    @comcast: "You don't understand, if I don't speak to your CEO, you could lose your job."

    @home: "I'm sorry, my SEE-EE-OH doesn't have a telephone. Could you reboot your PC now please?"

    @comcast: "Oh for heavens sake, you'll be the first against the wall"

    @home: "Oh there's a problem with your wall, we'll send a technician round then. Thank you for calling @home."

    Later on, the disgruntled employee complained about @home's recruitment policy. "At the interview, they said all I needed to be able to do was to pick up the phone and to speak English. Technical ability was never a requirement. They never did trust me - I was never allowed to see the secret document that showed how to transfer calls to people that fix problems. What is a cable modem anyway?"
  • by schwatoo ( 521485 ) on Saturday September 29, 2001 @12:11PM (#2368109)
    On every new Mac (and every time you install a fresh OS upto and included 10.1) the Web Browser's default home page is http://apple.excite.com/ will this mean there'll be a lot of machines with a lot of broken home pages in a month or so?
  • by sensui ( 137980 ) on Monday October 01, 2001 @12:12AM (#2372405)
    Anyone who ever drive along 101, passing by Redwood City, around midnight will know why. They are perhaps the brightest buildings in Redwood City. PG&E bills drove them out of business for sure!

"In the face of entropy and nothingness, you kind of have to pretend it's not there if you want to keep writing good code." -- Karl Lehenbauer