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""Are they afraid of AT&T?" said one shareholder. "Why hasn't there been an expose in The Wall St. Journal or the New York Times?""
"I think there is a huge story here. I personally think, and have written for months, that AT&T purposely drove Excite@Home into bankruptcy. I think that AT&T, Comcast and Cox have conspired to doom the company in an effort to relieve themselves of further write downs associated with their investments and to acquire the @Home broadband customer base."
"Excite@Home should have been positioned to be an amazingly successfully company; but it will simply disappear."
"Billions of dollars have been squandered and there are thousands of people waiting for these questions to be answered."
"This is not another stupid dotcom crashing and burning. This is not Pets.com, Kozmo.com or Webvan. This is a
company that has no excuse for not being successful."
"And cash is an interesting issue for Excite@Home. The company's Chapter 11 bankruptcy issurprising considering the company appears to be cash flow positive now thanks to hastily renegotiated terms with AT&T, Comcast and Cox. The simple fact seems that Excite@Home could sell its media assets and operate as a profitable company within eighteen months."
"The moves by AT&T and Cox has caused more legal wrangling. Brian Lewis, an Excite@Home shareholder and lawyer, has filed a motion with the bankruptcy court seeking the asset sale to be blocked. Lewis argues that AT&T and Cox have breached agreements with Excite@Home by building their own networks."
"Fraud accusations are flying. Checks are bouncing. Customers are being threatened with service disruptions. The clouds surrounding Excite@Home grow darker each day and many close to the situation wonder whether the media will be able to expose the true story before it's too late and whether the government will investigate what some are calling the Fraud of the New Economy."
"Rarely do I ever scrutinize a company like I have Excite@Home. But rarely do sources from so many points of view, from so many backgrounds and so many levels, come out of the woodwork to rat on a company. Something that can best be described as "business terrorism" has taken place here. If I am wrong, then all the evidence is a sick coincidence."
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