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Technology Stocks : Network Appliance
NTAP 106.38-0.4%3:59 PM EST

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To: Boplicity who wrote (5654)12/16/2000 7:31:06 PM
From: Ex-INTCfan  Read Replies (2) of 10934
 
Greg, here's something regarding IT -- my isp is going bankrupt. They took CPQ for $25 million in investment earlier this year ($5 million equity and $20 million debt), purchased a bunch of other ISPs, layed a bunch of cable, and now they are going to duck out from all the money they owe everyone. Bit of a ripple effect -- no sure though how isolated this incident is, and whether it is a net negative for IT spending. Why? Well I have two web sites with them on a shared server, and now I'm going to get a dedicated server at a bunch more per month.

All this stuff is happening on the sly because my ISP is a private company. My goal is to get my sites moved in the next few days before all the help decides to walk out.

INTCfan
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