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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (45415)	12/20/2001 10:52:51 AM
From: Jim Willie CB	Read Replies (3) of 65232

Excite@Home killed by three factors in my view 1. acquisition of Mountain Crapp for $700m - it has no earnings, little prospect - totally sapped the treasury 2. ATT in their typical braindead leadership - sale of TCI gave all cablers an exit door from ties to E@H - that was "pure sabotage" 3. E@H executives put growth over quality in priority - quality problems persisted, finally hitting cashflow all in all, I doubt this will be a big deal the pipes will all be working soon, nothing abandoned big winner might be ATT morons, buying for 30c on $ / jim

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