Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?

To: M. Frank Greiffenstein who wrote (27677)	4/20/2001 11:47:09 PM
From: FR1	Read Replies (2) \| Respond to of 29970

Excite@Home faces a change of Hart By Skinny DuBaud April 20, 2001 I like my psychiatrist, even if his former clients call him a quack. Something keeps me going back to Dr. Helmut Fraeme-Relais, and recently I found out what: Innuenda, the experimental antidepressant the doctor prescribed me, turns out to be severely addictive. It also has powerful side effects. Within months of starting my treatment with Innuenda, I became disgruntled--clinically disgruntled. Fraeme-Relais checked me into the psych ward, where I was made to play Postal Worker Paintball until the symptoms subsided. I'm not the only one who may be suffering from a change in attitude. Patti Hart, the former CEO of Telocity and reportedly future CEO of Excite@Home, is rumored to be disgruntled at the job she hasn't even taken yet. Hart, whose impending stewardship of Excite@Home The Wall Street Journal reported this week, is rumored to be livid after Excite@Home's Tuesday-morning announcement of a massive profit warning for the first quarter. The company, whose chief, George Bell, has been slated since September to step down, said it will miss estimates not only for the quarter but for the rest of the year. In addition, Excite@Home is in a cash crunch and needs more money to stay afloat. Late last winter, Hart--who also worked for Sprint--was one of three candidates interviewed by the full board of directors for Excite@Home, said a Skinformant familiar with the process. "She was the lead candidate because of her experience and her ability to run a DSL company," the source said. "She was also a good friend of (Dave) Dorman, who also had worked at Sprint. He had some influence." Dorman, once CEO of the disaster-prone PointCast Network, was recently promoted to president of AT&T, which is the majority shareholder in Excite@Home. Excite@Home's Bell confirmed Tuesday that the company has talked to Hart. Skinformants say the profit warning hit Hart like a ton of coiled TV cable. She had not, the rumor goes, been informed of the severity of the situation during her interview process. So now the Excite@Home CEO search committee may be facing a change of Hart. "She just feels like she was baited and switched," our Skinformant said. And things were going so well! Skinside information has it that before Excite@Home dropped its earnings dot-bombshell Monday night, Patti was negotiating a buyout package--a prenuptial Golden Parachute--that would take the edge off being disgruntled, in my opinion. So maybe she'll still take the job. Patti's not talking, at least not to us. And neither is Excite@Home, which declined to comment on rumors. Now imagine if I had that kind of attitude. news.cnet.com I don't understand why ATHM is not just merged with T. The Fed makes T report them on their quarterly earnings. T has 76% of the voting power. Just put a T executive in the CEO seat. Change the name from ATHM to ATT.