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 : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: StockMan who wrote (13343)	4/14/1998 7:02:00 PM
From: Maverick	Respond to of 77400

AT&T's CEO, Michael Armstrong said FR switches supplied by Cisco AT&T still searching for cause of network problem NEW YORK, April 14 (Reuters) - AT&T Corp. Chairman C. Michael Armstrong said the company has not yet determined what caused its massive frame relay network to fail nationwide but service has been restored to about 96 percent of its customers. Armstrong said the company will not charge its customers for the frame relay service until AT&T identifies the cause of the problem and defines a solution. Armstrong declined to estimate the potential revenue loss from the network outage. The company said it pinpointed the source of the outage as a problem in the interaction between two frame relay switches that affected the rest of the network. The exact cause of the problem has not yet been identified. AT&T's massive frame relay network, a high speed data network, suffered nationwide service interruptions beginning about 1500 EDT/1900 GMT Monday afternoon. Frame relay is a high-speed packet data networking technology used by businesses that need to exchange large amounts of computer information in short and frequent bursts. The problem did not affect AT&T's other networks, for long distance, wireless, and other data services, which continue to operate normally, the company said. AT&T declined to comment on how many customers were affected nationwide, saying only that they numbered in the thousands. Armstrong on Tuesday morning sent letters to AT&T's customers apologizing for the disruption. Armstrong said the company worked directly with several large customers throughout the night to minimize damage and restore service. AT&T said it also worked with its vendors on the problem. AT&T said the switches were supplied by Cisco Systems Inc. . Cisco representatives did not immediately return calls seeking comment. The frame relay business generates about a $1 billion a year for AT&T, representing about two percent of the telecommunications giant's total business, Armstrong said. (( Jessica Hall, New York newsroom 212-859-1729 ))

To: StockMan who wrote (13343)	4/14/1998 7:10:00 PM
From: Helios	Read Replies (1) \| Respond to of 77400

"ATT should demand Cisco reimburse 50% of the losses incurred by its Customers, or throw out its switches and go with Ascend or Bay. Stockman, this is what is going to happen. A team of engineers from both ATT and Cisco are going to get together to figure out exactly what happened and why. Very soon they will issue a preliminary report. It will conclude that ATT's system was overused. ATT will double their capacity and Cisco's will walk away with a sheepish grin on their faces and a fat multimillion dollar order from ATT to upgrade ATT's system. CSCO's stock will double yet again and their competition will continue to talk endlessly about how some small part of theirs in the communications chain that makes up the internet runs faster than Cisco's