FWD: Web backbone provider Priori mulls bankruptcy

Jeff Smith jsmith at verio.net
Thu Aug 13 15:30:55 UTC 1998


Patrick:

We can Help in Dallas in the Infomart, I will give the NOC a call.

Jeff Smith
President
Verio Texas



At 01:38 AM 8/13/98 -0700, Patrick W. Gilmore wrote:
>At 11:42 PM 8/12/98 -0500, Karl Denninger wrote:
>>I had heard this through several sources and on a couple of lists today as 
>>well.
>
>You'd be surprised how many people I heard it from. :)
>
>Unfortunately, the rumor is correct, Priori is in bad shape and will likely
>not continue as a viable business. :(  The article was ... not entirely
>correct, but close enough not to quibble.  We have not filed for
>bankruptcy, but the chances are high enough that I'm not willing to risk my
>downstream's continued existence on ours.
>
>I'd like to add some facts to stop the rampant rumors:
>
>* Priori has not filed for bankruptcy, but likely will Friday or Monday
>barring a miracle.
>* I turned off our web page.
>* The backbone is running and has a high likelihood of continuing to run
>until at least 3 PM PDT, Friday, 8/14, 1998.  After that, I do not know.
>* The employees are all laid off.  (I'm technically unemployed - so I can't
>be speaking for "the company"! ;)
>* All customers have been notified.
>
>>Sorry to be feasting on dead bodies, but keeping people online is more
>>important than netiquette right now.  
>
>I COMPLETELY agree, and I am currently working for free to get our
>customers moved.  I do appreciate any offers of assistance to get my
>friends and customers "on net" ASAP.  I currently have problems in the
>Denver, Dallas and Boston markets.  I believe I have secured at least
>temporary transit for all customers in all other cities.  There isn't a
>whole lot of bandwidth necessary, but getting a loop in days is, as we all
>know, nearly impossible.  If someone in our collocation facilities could
>keep them up, even sub-optimally, even temporarily, I would greatly
>appreciate it and donate my engineering time to do whatever was necessary
>to get it done.
>
>Here are my POP locations:
>
>
>Boston
>10 Second Avenue
>Waltham, MA 02154
>781-672
>Two DS1s
>
>
>Dallas
>The "Infomart"
>1950 Stemmons Freeway
>Dallas, TX 75207
>214-760
>One DS1
>
>
>Denver
>8765 West Orchard Drive
>Englewood, CO 90017
>303-221
>One 6 Mbps fractional DS3
>
>
>All are MFS owned POPs facilities.
>
>Even if you are not in those locations, but close or think you can rig
>something for the customers, I'd love to hear from you.  Please call the
>NOC line 888-477-7662 and ask for Patrick.  Thank you.
>
>>Karl Denninger (karl at MCS.Net)| MCSNet - Serving Chicagoland and Wisconsin
>
>TTFN,
>patrick
>
>
>**************************************************************
>Patrick W. Gilmore                      voice: +1-650-482-2840
>Director of Operations, CCIE #2983        fax: +1-650-482-2844
>PRIORI NETWORKS, INC.                    http://www.priori.net
>              "Tomorrow's Performance.... Today"
>************************************************************** 
>
>
>




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