Fuck people I dont know if Level 3 hosting is gunna make it.

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  • boneprone
    Hall Of Fame
    • Jan 2001
    • 34415
    #1

    Fuck people I dont know if Level 3 hosting is gunna make it.

    Level 3 is really hurting.. They are the hosts behind many of the hosting companies..

    I dont see them around next year.. What a mess.

    Look at the stock even.. The value of the stock was over 100 a share a bit over a year ago, today it is barely above $2.38

    It droped 20% today alone.. This is sad for a former giant in our industry.

    Industry Hall Of Fame Legend Mike Jones
    Bow to the Power - Still BP4L
    http://gfyawards.com/hall-of-fame
    Learn about it kids.
    Tags: None
    • Kimmykim
      bitchslapping zebras!!!!!
      • Jun 2001
      • 16015
      #2
      Whatever.

      [This message has been edited by Kimmykim (edited 10-05-2001).]

        Comment

        • boneprone
          Hall Of Fame
          • Jan 2001
          • 34415
          #3
          A buddy of mine was layed off from his job there two days ago, he was one of their original first wave of hires. They are letting people go like crazy..

          You web hosting brokers better keep your eyes open, if they fold there could be problems. Chances are it wont fold, but the state of the company is headed towards serious limbo.

          Industry Hall Of Fame Legend Mike Jones
          Bow to the Power - Still BP4L
          http://gfyawards.com/hall-of-fame
          Learn about it kids.

            Comment

            • Kimmykim
              bitchslapping zebras!!!!!
              • Jun 2001
              • 16015
              #4
              Ok then. Stupid.

                Comment

                • m0rph3us
                  Confirmed User
                  • Mar 2001
                  • 2033
                  #5
                  ALL backbone providers are having financial troubles. Come to think of it.. all the economy is fucked
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                    Comment

                    • funkmaster
                      So Fucking Banned
                      • Sep 2001
                      • 7938
                      #6
                      ... if your ISP has only one upstream, you have chosen the wrong ISP ... that easy.

                      ... if your ISP is with exodus/@home/l3, you are fucked ... that easy.

                      anyone in here connected through these guys?? http://www.cogentco.com/

                        Comment

                        • DrewKole
                          Confirmed User
                          • Jul 2001
                          • 5193
                          #7
                          Umm, pretty sure that it won't shut down.

                          Anyone remember what the government to help out that hedge fund giant?

                          I wouldn't be suprised if the US Gov. bailed Level 3 out, if they were that close... Too many people depend on that backbone.

                            Comment

                            • m0rph3us
                              Confirmed User
                              • Mar 2001
                              • 2033
                              #8
                              Originally posted by funkmaster:
                              ... if your ISP has only one upstream, you have chosen the wrong ISP ... that easy.

                              ... if your ISP is with exodus/@home/l3, you are fucked ... that easy.

                              anyone in here connected through these guys?? http://www.cogentco.com/
                              HAHAHAH Cogent is a joke! =)
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                                Comment

                                • Anal Hobbit
                                  So Fucking Banned
                                  • Aug 2001
                                  • 2308
                                  #9
                                  http://www.cogentco.com/Images/Home/map_06.gif

                                  Thats a huge fiber optic network! What If I lived in Idaho, Montana, or the Dakota's?

                                  [This message has been edited by Anal Hobbit (edited 10-05-2001).]

                                    Comment

                                    • oscer
                                      Confirmed User
                                      • Jan 2001
                                      • 2834
                                      #10
                                      Verios Doing Good

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                                        Comment

                                        • FADE19
                                          Snow's Parole Officer
                                          • Sep 2001
                                          • 1161
                                          #11
                                          Hey BrainDrain...maybe you have not noticed this smart guy,,,but just about every stock out there has been jacked pretty hard...at this point you can not rate a company based on stock.... but I forgot your the great BrainDead..I mean bonedrone and knew that already...
                                          Originally posted by boneprone:
                                          Level 3 is really hurting.. They are the hosts behind many of the hosting companies..

                                          I dont see them around next year.. What a mess.

                                          Look at the stock even.. The value of the stock was over 100 a share a bit over a year ago, today it is barely above $2.38

                                          It droped 20% today alone.. This is sad for a former giant in our industry.

                                            Comment

                                            • funkmaster
                                              So Fucking Banned
                                              • Sep 2001
                                              • 7938
                                              #12
                                              m0rph3us, it´s almost to good to be true ... $20K and you´ll have you own gigabit ...
                                              haha, I remember the first guy offering me "unlimited bandwith" back in 98´ ... it was unlimited, but I think my server had a 14.4 connection to the net ...

                                                Comment

                                                • m0rph3us
                                                  Confirmed User
                                                  • Mar 2001
                                                  • 2033
                                                  #13
                                                  It is too good to be true

                                                  Cogent sucks! =)
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                                                    Comment

                                                    • Exxxotica
                                                      Confirmed User
                                                      • Jan 2001
                                                      • 4396
                                                      #14
                                                      Originally posted by FADE19:
                                                      Hey BrainDrain...maybe you have not noticed this smart guy,,,but just about every stock out there has been jacked pretty hard...at this point you can not rate a company based on stock.... but I forgot your the great BrainDead..I mean bonedrone and knew that already...

                                                      Are you an actual webmaster?
                                                      Do you know what Level 3 is?


                                                      Needs some really great hosting? Black Seven

                                                      note: I do not work for Blackseven... Im just grateful for their kick ass hosting...so quit bothering them when I hurt your feelings... pussy

                                                        Comment

                                                        • boneprone
                                                          Hall Of Fame
                                                          • Jan 2001
                                                          • 34415
                                                          #15
                                                          fade 19 is a pakistani webmaster.. He's a bit overwhelmed with all the afgans on his doorstep.

                                                          Industry Hall Of Fame Legend Mike Jones
                                                          Bow to the Power - Still BP4L
                                                          http://gfyawards.com/hall-of-fame
                                                          Learn about it kids.

                                                            Comment

                                                            • FADE19
                                                              Snow's Parole Officer
                                                              • Sep 2001
                                                              • 1161
                                                              #16
                                                              They are crowding up my office!
                                                              A-budda-budda bali boda!
                                                              Originally posted by boneprone:
                                                              fade 19 is a pakistani webmaster.. He's a bit overwhelmed with all the afgans on his doorstep.

                                                                Comment

                                                                • Kimmykim
                                                                  bitchslapping zebras!!!!!
                                                                  • Jun 2001
                                                                  • 16015
                                                                  #17
                                                                  Originally posted by Exxxotica:

                                                                  Are you an actual webmaster?
                                                                  Do you know what Level 3 is?
                                                                  Whether he's an actual webmaster or not is irrelevant.

                                                                  Servint's been in Chapter 11 for around a year now and they are still going wide.

                                                                  Level 3 doesn't depend on their stock for their bills, that's why people like us and LikeWhoa pay them big fat 6 figure checks every month.

                                                                  Market capitalization is what you are worth on paper, it has zero to do with your cash flow situation. Once L3 sold the stock in the first place it was gone and no longer generates dollars in their bank acct, only in those of the holders of the stock who choose to sell it. By that same token they could be worth triple on paper what they are today and have zero cash to pay for anything.

                                                                  Don't get so excited, even if L3 were to file bankruptcy it's not a big deal. Many companies have done it and come out fine.

                                                                    Comment

                                                                    • Exxxotica
                                                                      Confirmed User
                                                                      • Jan 2001
                                                                      • 4396
                                                                      #18
                                                                      Originally posted by Kimmykim:
                                                                      Whether he's an actual webmaster or not is irrelevant.

                                                                      Servint's been in Chapter 11 for around a year now and they are still going wide.

                                                                      Level 3 doesn't depend on their stock for their bills, that's why people like us and LikeWhoa pay them big fat 6 figure checks every month.

                                                                      Market capitalization is what you are worth on paper, it has zero to do with your cash flow situation. Once L3 sold the stock in the first place it was gone and no longer generates dollars in their bank acct, only in those of the holders of the stock who choose to sell it. By that same token they could be worth triple on paper what they are today and have zero cash to pay for anything.

                                                                      Don't get so excited, even if L3 were to file bankruptcy it's not a big deal. Many companies have done it and come out fine.
                                                                      IC


                                                                      Needs some really great hosting? Black Seven

                                                                      note: I do not work for Blackseven... Im just grateful for their kick ass hosting...so quit bothering them when I hurt your feelings... pussy

                                                                        Comment

                                                                        • Kimmykim
                                                                          bitchslapping zebras!!!!!
                                                                          • Jun 2001
                                                                          • 16015
                                                                          #19
                                                                          Originally posted by Exxxotica:
                                                                          IC
                                                                          Glad you do Ex

                                                                            Comment

                                                                            • RK
                                                                              Confirmed User
                                                                              • Aug 2001
                                                                              • 868
                                                                              #20
                                                                              Originally posted by Kimmykim:
                                                                              Don't get so excited, even if L3 were to file bankruptcy it's not a big deal. Many companies have done it and come out fine.
                                                                              But most companies never came out.

                                                                              Level 3 laid off at least 25% of their employees.
                                                                              Exodus laid off at least 32% of their employees and filed for Chapter 11.
                                                                              Verio laid off 1000 people minimum.
                                                                              Excite@Home laid off hundreds of people and filed for Chapter 11 bankruptcy.
                                                                              PSINet is bankrupt.
                                                                              Cable & Wireless laid of hundreds.

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                                                                              [This message has been edited by RK (edited 10-05-2001).]
                                                                              Does anyone look down here?

                                                                                Comment

                                                                                • Kimmykim
                                                                                  bitchslapping zebras!!!!!
                                                                                  • Jun 2001
                                                                                  • 16015
                                                                                  #21
                                                                                  huh?

                                                                                    Comment

                                                                                    • Jamie
                                                                                      Confirmed User
                                                                                      • Apr 2001
                                                                                      • 2517
                                                                                      #22


                                                                                      If your going to get hosted I would highly recommend getting on Verio's network. Not only are they financially secure but they have peering arrangements with @home, AOL and many other ISP's. This means your websites will load faster for those customers which = more $$ for you. Check your stats, I'm willing to bet at least 40% of your traffic comes from those ISP's.

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                                                                                        • pornJester
                                                                                          Confirmed User
                                                                                          • Mar 2001
                                                                                          • 6138
                                                                                          #23
                                                                                          jigga what?

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                                                                                            • pornJester
                                                                                              Confirmed User
                                                                                              • Mar 2001
                                                                                              • 6138
                                                                                              #24
                                                                                              jigga who?

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                                                                                              More info, more resources, more cheese in the bank.
                                                                                              </A>
                                                                                              We are looking for writers...
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                                                                                                • -=HUNGRYMAN=-
                                                                                                  Confirmed User
                                                                                                  • Jun 2001
                                                                                                  • 4751
                                                                                                  #25
                                                                                                  Originally posted by Jamie:

                                                                                                  they have peering arrangements with @home...
                                                                                                  Now that makes me feel a hell of a lot more secure ....

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                                                                                                    • brocklanders
                                                                                                      Confirmed User
                                                                                                      • Feb 2001
                                                                                                      • 297
                                                                                                      #26
                                                                                                      Verio is *NOT* doing alright. I was having a billing dispute with them and when I got into the office Monday a message on my voice mail said that the person I was dealing with got canned. They just went under a huge restructuring.

                                                                                                      What about Cogent? Do they suck or?? What have you heard?

                                                                                                        Comment

                                                                                                        • Gary
                                                                                                          Confirmed User
                                                                                                          • Aug 2001
                                                                                                          • 6110
                                                                                                          #27
                                                                                                          I think most high-tech companies had the same problem in the last few years. People were throwing money at them so they wanted to show how big their balls were by building the biggest offices, hiring the most employees, having the coolest video games and drink machines and so on. Once the bubble burst, all these companies can easily lay off huge numbers of staff and still function fine. Excit has been laying off hundreds of people over that past 6 months and just filed for chapter 11, excite.com still works.

                                                                                                          On a side note, i never did understand why you needed thousands of employees to run a web site. oh well.

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                                                                                                            • Theo
                                                                                                              HAL 9000
                                                                                                              • May 2001
                                                                                                              • 34515
                                                                                                              #28
                                                                                                              Gary is right,

                                                                                                              I remember an interview of a ex-employee of a dot com company that "got kicked of" nasdaq game. Their site if I'm right was selling wine. The employee said that they had 150 dell systems unused in boxes, office equipement and many other things. They were spending money without a reason and the site could be functional with the 1/10th of employees.

                                                                                                                Comment

                                                                                                                • Amputate Your Head
                                                                                                                  There can be only one
                                                                                                                  • Aug 2001
                                                                                                                  • 39075
                                                                                                                  #29
                                                                                                                  You nailed it Gary. I've seen that shit happen with my own eyes on a personal level. Last year I was one of the guys in the running for "Technical Content Editor" for a new dot com that was building up... they bought a big fancy building... lots of gear... hired people like crazy... had investors pouring tons of money into it... but they never really built up a solid foundation. They focused more on looking like another "pretty" dot com on the rise... I never did get the job. Someone I went to broadcasting school with undercut me for the position. I told her they'd be out of business in 6 months to a year... well, look at them now.
                                                                                                                  SIG TOO BIG

                                                                                                                    Comment

                                                                                                                    • Gary
                                                                                                                      Confirmed User
                                                                                                                      • Aug 2001
                                                                                                                      • 6110
                                                                                                                      #30
                                                                                                                      I never gave it too much thought until maybe a year ago when i started seeing news stories about web sites selling homemade rugs laying off 500 employees and going for a fifth round of financing. I was thingking to myself, what exactly has happened to our world. LOL

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                                                                                                                        • Jamie
                                                                                                                          Confirmed User
                                                                                                                          • Apr 2001
                                                                                                                          • 2517
                                                                                                                          #31
                                                                                                                          Originally posted by brocklanders:
                                                                                                                          Verio is *NOT* doing alright. I was having a billing dispute with them and when I got into the office Monday a message on my voice mail said that the person I was dealing with got canned. They just went under a huge restructuring.

                                                                                                                          What about Cogent? Do they suck or?? What have you heard?

                                                                                                                          Actually Verio is fine, they dropped 750 people and closed 25 datacenters. They are only keeping the more profitable datacenters. They have funcing up the ass to stay in biz.

                                                                                                                          If you don't have Verio, Level3, Above.net, Exodus who do you have? They all can't dissappear..As Exodus and Level3 go away the remaining will pick up market share. Last man standing wins.
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                                                                                                                            • Kimmykim
                                                                                                                              bitchslapping zebras!!!!!
                                                                                                                              • Jun 2001
                                                                                                                              • 16015
                                                                                                                              #32
                                                                                                                              Hahahaha, Level 3 isn't going anywhere guys.

                                                                                                                              We just had one of their VPs out to our datacenter to meet with us and the guys been with the company since it started.

                                                                                                                              They have one hell of a plan for growth going on, and frankly I'm glad they asked us to be part of it.

                                                                                                                              We get much better support and service from L3 than we ever got from GTE, the bw is better and they are stable, regardless of what the financial wizards may think

                                                                                                                                Comment

                                                                                                                                • Blondy
                                                                                                                                  Confirmed User
                                                                                                                                  • Jun 2001
                                                                                                                                  • 731
                                                                                                                                  #33
                                                                                                                                  I have faith things will get better.

                                                                                                                                  Cheers

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