[40411] in North American Network Operators' Group
RE: Covad, Chapter 11 !
daemon@ATHENA.MIT.EDU (Roeland Meyer)
Wed Aug 8 11:49:12 2001
Message-ID: <EA9368A5B1010140ADBF534E4D32C728025AE8@condor.mhsc.com>
From: Roeland Meyer <rmeyer@mhsc.com>
To: "'up@3.am'" <up@3.am>, nanog@merit.edu
Date: Wed, 8 Aug 2001 08:41:07 -0700
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Errors-To: owner-nanog-outgoing@merit.edu
> From: up@3.am [mailto:up@3.am]
> Sent: Wednesday, August 08, 2001 7:57 AM
>
> On Wed, 8 Aug 2001, deeann mikula wrote:
>
> > On Wed, 8 Aug 2001, Smith, Rick wrote:
> >
> > > Just found this...
> > >
> > > http://www.internetweek.com/story/INW20010807S0008
> >
> > i read a similar article y'day, and that was the first that i had
> > heard mention of rhythms going down. either i was too busy
> pulling my
> > hair out last month or they were really good about keeping it quiet.
> > *sigh*
> >
> > looks like verizon is gonna be the only xdsl provider left solvent
> > when the dust settles. how scary is that, and how predictable?
>
> Although this may well ultimately prove true, people do realize that
> filing for chapter 11 is not synonymous with going out of business,
> right?
Show me one case, in the xDSL CLEC business where this has held true. Thus
far, *every* one of them, that has filed CH11, has gone out of business
within 30 days, as near as I can tell. The track record is pretty dismal.
