[lug] Rhythms is closing

[Prescott Oelke]

AT&T doesn't want them from what some people are saying. But @home is
stumbling. In any event I would think it highly unlikely that AT&T would
just let them pull the plug on it's broadband customers. There is talk
of @home selling pieces of it's network to other providers (Roadrunner
and MediaOne are the only two I know of in the cable business).

At any rate nothing is for certain yet. Excite at Home just did a reverse
stock split to stay listed on the Nasdaq, so they're still hanging in
there. I just can't see how, with so many users, they could still be
hurting like this. I mean, my rates just got raised a few months back.

Prescott Oelke

-----Original Message-----
From: lug-admin at lug.boulder.co.us [mailto:lug-admin at lug.boulder.co.us]
On Behalf Of Jeffrey Siegal
Sent: Friday, August 24, 2001 7:05 PM
To: lug at lug.boulder.co.us
Subject: Re: [lug] Rhythms is closing

Taz wrote:
> What do you mean @home may go under?  Their cable or DSL service?  I
have
> their cable service and have been very happy.  Do you know something?
> Please share.

The service itself is doing very well but the company is doing very
poorly.  In fact, many in the industry have been surprised at how cable
modems have been beating DSL.

The service will probably continue to be offered (no guarantees though)
but maybe by a different vendor (some speculate that AT&T may take over,
as AT&T already owns a large share of @Home stock).