Ron,
[WCOM] MCI WorldCom - Fri Close : +2 9/16
Why is media still silent about this outage?? I thought CBOT was fully operational today. CNBC talked about CBOT's Thursday power outage ... and still not a peep about CBOT's electronic trading system still not functional..
Why????????????
MCI WorldCom Network Still Troubled After 8 Days
Updated 2:21 PM ET August 13, 1999
NEW YORK (Reuters) - Long-distance phone company MCI WorldCom Inc.'s high-speed data network continued to suffer problems Friday, idling the Chicago Board of Trade's (CBOT) electronic trading system and disrupting service to thousands of businesses for more than a week.
MCI WorldCom's network problem began eight days ago due to a glitch in software provided by Lucent Technologies Inc.
The outages affected about 15 percent of MCI WorldCom's network and an estimated 70,000 customers such as the CBOT, Internet service providers, banks and other businesses that rely on high-speed frame relay networks to exchange large amounts of computer information in short and frequent bursts.
The CBOT, the largest U.S. derivatives exchange, said Friday its electronic trading system, Project A, would remain shut until Sunday night when the exchange moves to its backup system indefinitely.
"Market users worldwide depend on Project A around the clock and MCI WorldCom has let them down for one full week. As a result of MCI WorldCom's failure to deliver on their promises to me early last week, the CBOT is pursuing all available remedies," CBOT President Tom Donovan said in a statement.
Another customer, a major U.S. retailer, said MCI WorldCom's network service began to come back during the middle of this week only to grind to a halt again Friday morning.
"Things started to get better, but there was some failure overnight and now we are in worse shape than ever," said one MCI WorldCom customer who declined to be named.
The customer said the network problems prevented him from communicating with distributors, other company locations and his clients.
"I've never seen a network outage last a week. If they had been more clear in the beginning about the extent of the problem or their ability to handle it, we could have
made other contingency plans. But now we're just going with day-by-day information and that's not helping," the customer said.
Clinton, Miss.-based MCI WorldCom said the network is now stable, but problems arose last night during some network maintenance. That instability may have made service problems worse for some customers, but service quality should improve today, said MCI WorldCom spokeswoman Linda Laughlin.
The company said it continues to restore service to customers and to talk to clients one-on-one about the problems and any potential compensation.
MCI WorldCom's outage followed a similar problem at AT&T Corp. last year. AT&T and other companies such as Qwest Communications International Inc. said they have gained customers this week as some disgruntled MCI WorldCom clients searched for new service providers.
greenspun.com
<"But two days later, on Thursday evening, some 275 Project A workstations in Paris, Tokyo, London and the United States were knocked out.">
techstocks.com
Cheryl
139 Days until 2000
WHY THE SILENCE? Market manipulation. Crash appears imminent to me. Just a matter of time. Sooner than later. |
