@Home ordered to shutdown at Midnight

Sean Donelan sean at donelan.com
Fri Nov 30 21:28:16 UTC 2001




Dueling newswires

Reuters story

http://biz.yahoo.com/rb/011130/business_tech_exciteathome_dc_1.html

  Court Orders ExciteAtHome to Shut Service
  SAN FRANCISCO (Reuters) - A federal bankruptcy judge ordered Internet
  service provider ExciteAtHome Corp. (OTC BB:ATHMQ.OB - news) to shut its
  high-speed Internet service at midnight Friday, but said he was
  confident the company could quickly strike a new deal with cable companies to
  prevent service interruption for its some 4 million subscribers.

Does Reuters know something CNet doesn't?


On Fri, 30 Nov 2001, Christopher Schulte wrote:

>  From http://news.cnet.com/news/0-1004-200-8031722.html :
>
> "But Carlson said that "flipping the switch and shutting off service" was
> highly unlikely."
>
> Do you know something they don't?
>
> At 04:18 PM 11/30/2001 -0500, you wrote:
>
>
> >Judge Thomas Carlson ordered Excite at Home to shutdown as of
> >Midnight Eastern time, tonight Friday November 30 2001.
> >
> >Bondholders are free to negotiate a better offer before
> >the shutdown, if they can, to maintain the service.
>
>




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