Cogent to go BANKRUPT?? - GoFuckYourself.com

Brad Mitchell · 04-01-2003, 04:12 PM

http://www.dslreports.com/shownews/27231

...not an april fools post! read it for yourself.

Brad

AdultNex · 04-01-2003, 04:18 PM

They knew they were going down... Low-quality is no quality.

pine · 04-01-2003, 04:19 PM

So...is this saying there will be a gigantic hole in the third-rate T-1 bandwidth providers? Say it ain't so. Glad I switched to SinHost while I had the chance!

High Quality · 04-01-2003, 04:22 PM

Cogent isn't as bad as you guys think it is.

Kohun · 04-01-2003, 04:41 PM

I have always been again Cogent.
Cogent is cheap, and you get what you pay for. Cogent, is considered slow as compared to other networks like the best Level3 networks.

Mark

04-01-2003, 04:43 PM

oh well, doesn't itch my crotch.

Madball · 04-01-2003, 05:09 PM

Without cogent everybody wouldn't be paying the BW prices they are today, regardless of who they host with.

picindex · 04-01-2003, 06:50 PM

Quote:

The company has $42.8 million in cash or cash equivalents, according to the SEC filing.
Cogent's revenue declined from $16 million in the third quarter of 2002 to $13.8 million in the fourth quarter, caused primarily by cancellations from customers acquired from PSINet earlier in the year. Those cancellations more than offset the new business acquired by Cogent in the quarter.
For the full year, Cogent lost $91.8 million. The company has 204 employees and leases about 335,000 square feet of space for its headquarters and network operations.

Yup... there is nothing wrong with Cogent.

I give them 1 more year max.

xxxinnovations · 04-01-2003, 06:57 PM

cogent is decent... i don't know why everyone thinks it sucks so bad

chodadog · 04-01-2003, 07:05 PM

Quote:

Originally posted by xxxinnovations
cogent is decent... i don't know why everyone thinks it sucks so bad

What the hell is wrong with you people? Yeah, cogent probably had a positive effect on the market, but dude, read the fucking article. They are on the verge of bankruptcy.

If you're with cogent now, switch the fuck over, or prepare yourself for a rude awakening to what many have known for a long time.

http://www.sinhost.com - Switch today! (i am such a spam whore)

FlyingIguana · 04-01-2003, 07:12 PM

Quote:

Originally posted by picindex

Yup... there is nothing wrong with Cogent.

I give them 1 more year max.

42 mil won't cover them for 1 second if their loan is called. it'll be goodbye cogent

Theo · 04-01-2003, 07:24 PM

Quote:

Originally posted by Madball
Without cogent everybody wouldn't be paying the BW prices they are today, regardless of who they host with.

so true

I dont use cogent b/w but i dont see what would be the big deal if the would go bankrupt. You can switch to another host/provider within a couple of hours and please don't tell me for the downtime cost, I have seen more than few major hosting co. going down for innumerable hours. The majority of the webmasters won't face a problem and the ones that will, they shouldn't been using cogent in 1st place.

clickpimp · 04-01-2003, 07:27 PM

cogent fired the first huge shot in the bandwidth price war and price plunge. $3K/100Mbps and $30K/1000Mbps caused an industry landslide .. if noone else picks up the slack, a cogent bk could freeze prices and maybe send them up a bit.

04-01-2003, 04:12 PM	#1
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,813	Cogent to go BANKRUPT?? http://www.dslreports.com/shownews/27231 ...not an april fools post! read it for yourself. Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999

04-01-2003, 04:22 PM	#4
High Quality Confirmed User Join Date: Feb 2002 Location: Vegas Posts: 5,741	Cogent isn't as bad as you guys think it is. __________________ RecurCash.com - Averaging $38/sale with 60% revshare in the first 4 months alone! Convert your TEEN traffic today @ better than 1:500 guaranteed. ICQ me: 18287590!

04-01-2003, 04:41 PM	#5
Kohun Confirmed User Join Date: Mar 2003 Location: Copenhagen Posts: 274	I have always been again Cogent. Cogent is cheap, and you get what you pay for. Cogent, is considered slow as compared to other networks like the best Level3 networks. Mark __________________ Click here to make money www.PEAKMONEY.com ICQ # 172316026

04-01-2003, 06:57 PM	#9
xxxinnovations Confirmed User Join Date: Jan 2002 Posts: 1,181	cogent is decent... i don't know why everyone thinks it sucks so bad __________________ Need CUSTOM T-Shirts or Custom ANYTHING? We'll Fucking do it! ICQ 37639971 or call 800-920-1233

04-01-2003, 04:18 PM	#2
AdultNex Confirmed User Join Date: Feb 2003 Location: Bostonnnn Posts: 8,985	They knew they were going down... Low-quality is no quality.

04-01-2003, 04:19 PM	#3
pine Confirmed User Join Date: Oct 2002 Location: The Falls, eh Posts: 1,373	So...is this saying there will be a gigantic hole in the third-rate T-1 bandwidth providers? Say it ain't so. Glad I switched to SinHost while I had the chance!

04-01-2003, 04:43 PM	#6
X37375787 Guest Posts: n/a	oh well, doesn't itch my crotch.

04-01-2003, 05:09 PM	#7
Madball Confirmed User Join Date: May 2002 Location: Oslo, Norway Posts: 748	Without cogent everybody wouldn't be paying the BW prices they are today, regardless of who they host with.

04-01-2003, 07:27 PM	#13
clickpimp Confirmed User Join Date: May 2002 Posts: 1,159	cogent fired the first huge shot in the bandwidth price war and price plunge. $3K/100Mbps and $30K/1000Mbps caused an industry landslide .. if noone else picks up the slack, a cogent bk could freeze prices and maybe send them up a bit.