@Home ordered to shutdown at Midnight

Mailman List Mirror (Read Only)
1

Dueling newswires

Reuters story

http://biz.yahoo.com/rb/011130/business_tech_exciteathome_dc_1.html

  Court Orders ExciteAtHome to Shut Service
  SAN FRANCISCO (Reuters) - A federal bankruptcy judge ordered Internet
  service provider ExciteAtHome Corp. (OTC BB:ATHMQ.OB - news) to shut its
  high-speed Internet service at midnight Friday, but said he was
  confident the company could quickly strike a new deal with cable companies to
  prevent service interruption for its some 4 million subscribers.

Does Reuters know something CNet doesn't?

2

Yet another take, this time from AP:

http://bigcharts.marketwatch.com/news/articles.asp?guid={29FAEB6B-34F2-442F-AA37-FC30CCDCF41B}

"Bankruptcy Judge Thomas Carlson said Redwood City-based ExciteAtHome
could reject its existing
contracts with the cable companies as early as 3 a.m. EST Saturday, when
their contracts expire,
saying they had become "clearly burdensome" to the company."

Which would put the deadline at Midnight Pacific time.

KL

Sean Donelan wrote: