[Black Cat]

It was just a matter of who got there first. I'm sure that Excite would get a great deal of pleasure from screwing AT&T over since they blame them for their demise. But OTOH, the quicker AT&T can switch over, the quicker they can quit paying @home for their use of the network.

The AT&T@home folks are having problems today, but they'll be the first ones to have peace of mind regarding this mess as well.

[prisoner6]

I tend to agree with you. The cable modem LED's are putting on quite a show for my son and I right now! Even the e-mail orange light is flashing.

This is with no input form us so I can only assume it's coming from the net.

Prisoner6

[sailrabbit]

".. AT&T owning about three-quarters of Excite@Home's outstanding stock."

AT&T must have been paying attention to the scam PG&E laid on us..

Some sources have said that the cable companies hope to extend their contracts at least through next week, when AT&T is expected to make a $307 million bid for Excite@Home's cable assets. If and when the sale is finalized, AT&T could renegotiate contracts again. AT&T's bid has also become rife with controversy. Many Excite@Home shareholders and creditors say the company's cable assets are worth vastly more than $307 million--some insisting that fair market value is as high as $1 billion. AT&T Broadband representatives said this week they could assume about 20 percent of Excite@Home customers if the company shuts off service. Excite@Home has been in meetings for the past several weeks with AT&T as well as other cable companies. Sources close to the deal said few of those involved in the talks really want a shutdown of Excite@Home, and some bondholders are willing to accept bids even marginally more than $307 million. "Anything is possible with enough money," said Bill Weintraub, an attorney who represents the bondholders committee. But he added that the $307 million offer was "clearly inadequate at this point."