Chapter 11 For Excite@Home

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.

Comments

Possibly beneficial

[SilentChris]

I don't know about everyone else, but @Home hasn't exactly been a maven of security for me. Ever since Code Red, the original, I've been bombarded with evil packets that [fortunately] have bounced off my firewall. Even still, I'm convinced it's slowed my connection down.

AT&T makes a lot of mistakes, but their WorldNet service was pretty solid when I had dialup. My only other concern is the tie-in my cable provider (Comcast) might now have to AT&T. SpongeBob Squarepants over the phone, anyone?

Front loading bankruptcy disclaimers for VA Linux

[heroine]

"this doesn't mean that Excite@Home has dropped off the face of the earth"

In other words the reason we're appending this disclaimer to the end of 80% of our articles is so you don't dump your $1.05 VALinux stock when the bankruptcy article is about VALinux.

I'd expect not just the bankruptcy articles but all the conspiracy announcements about colleges taking over the world by suppressing individual freedom and 1000s of new handhelds for displaying calendars to soon end with "Bankruptcy doesn't mean closing of business".

In fact instead of appending the disclaimer to every article why not just put it in fine print on the bottom of valinux.com and get it overwith.