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@Home Troubles

by Steve Gibson, Aug 20, 2001 9:09am PDT

You guys remember seeing all those stories about DSL companies and their troubles? Then you probably remember all those guys on cablemodems laughing and taunting... well then this just might interest you. (Thanks Roofus) Excite @Home has announced that they "may not be able to continue operations" due to market conditions and the possibility of Nasdaq delisting them.

The company said in the amendment that it may not continue as a "going concern," which in financial lingo means that the cable Internet access company is running out of cash. The company also warned it could get booted off the Nasdaq, a move that would accelerate Excite@Home's financial woes. Companies can be delisted if they trade under $1 for 30 consecutive days.
update: I'm not 100% certain but everything I can find points to Excite@Home looks to be the parent company for all @Home services. If this is indeed the case it will most likely impact all @Home customers in some form. Such as Rogers@Home and AT&T@Home etc.




Comments

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  • Welcome to the 21st century, where companies provide you the service they promise for your money IF the investors feel like it this month. *sigh* I was just beginning to get used to being called an asshole for jumping into games with a low ping for the first time in the whole 6 and a half years I've been on the net using slodems. Doesn't matter how good your netcode is, nothing can remove the SUCK from action gaming on a modem, especially when other people can have broadband.

    It's not a matter of writing solid netcode that makes online play on a modem fun. It's a matter of having actual GAMEPLAY that facilitates lag and then throwing in the "joy" of client side prediction. Cable was fun while it lasted...