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

boneprone · 10-05-2001, 11:38 AM

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.

Kimmykim · 10-05-2001, 11:40 AM

Whatever.

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

boneprone · 10-05-2001, 11:41 AM

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.

Kimmykim · 10-05-2001, 11:41 AM

Ok then. Stupid.

m0rph3us · 10-05-2001, 01:51 PM

ALL backbone providers are having financial troubles. Come to think of it.. all the economy is fucked

funkmaster · 10-05-2001, 02:04 PM

... 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/

DrewKole · 10-05-2001, 02:07 PM

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.

m0rph3us · 10-05-2001, 02:08 PM

Quote:

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! =)

Anal Hobbit · 10-05-2001, 02:11 PM

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).]

oscer · 10-05-2001, 02:12 PM

Verios Doing Good

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FADE19 · 10-05-2001, 02:18 PM

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...

Quote:

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.

funkmaster · 10-05-2001, 02:36 PM

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 ...

m0rph3us · 10-05-2001, 02:55 PM

It is too good to be true

Cogent sucks! =)

Exxxotica · 10-05-2001, 03:25 PM

Quote:

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?

boneprone · 10-05-2001, 03:38 PM

fade 19 is a pakistani webmaster.. He's a bit overwhelmed with all the afgans on his doorstep.

FADE19 · 10-05-2001, 03:43 PM

They are crowding up my office!
A-budda-budda bali boda!

Quote:

Originally posted by boneprone:
fade 19 is a pakistani webmaster.. He's a bit overwhelmed with all the afgans on his doorstep.

Kimmykim · 10-05-2001, 04:48 PM

Quote:

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.

Exxxotica · 10-05-2001, 06:49 PM

Quote:

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

Kimmykim · 10-05-2001, 06:58 PM

Quote:

Originally posted by Exxxotica:
IC

Glad you do Ex

RK · 10-05-2001, 07:17 PM

Quote:

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).]

Kimmykim · 10-05-2001, 07:25 PM

Jamie · 10-06-2001, 05:17 AM

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 · 10-06-2001, 05:19 AM

jigga what?

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pornJester · 10-06-2001, 05:20 AM

jigga who?

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More info, more resources, more cheese in the bank.
</A>
We are looking for writers...
ICQ me: 91573698

-=HUNGRYMAN=- · 10-06-2001, 05:39 AM

Quote:

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 · 10-06-2001, 09:14 AM

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?

Gary · 10-06-2001, 09:26 AM

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.

Theo · 10-06-2001, 09:37 AM

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.

Amputate Your Head · 10-06-2001, 09:37 AM

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.

Gary · 10-06-2001, 09:43 AM

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

Jamie · 10-06-2001, 10:10 AM

Quote:

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.

Kimmykim · 10-06-2001, 02:15 PM

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

Blondy · 10-06-2001, 07:29 PM

I have faith things will get better.

Cheers

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10-05-2001, 11:38 AM	#1
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	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.

10-05-2001, 07:25 PM	#21
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	huh?

10-05-2001, 11:40 AM	#2
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	Whatever. [This message has been edited by Kimmykim (edited 10-05-2001).]

10-05-2001, 11:41 AM	#3
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	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.

10-05-2001, 01:51 PM	#5
m0rph3us Confirmed User Join Date: Mar 2001 Location: Principality of Sealand Posts: 2,033	ALL backbone providers are having financial troubles. Come to think of it.. all the economy is fucked

10-05-2001, 02:04 PM	#6
funkmaster So Fucking Banned Join Date: Sep 2001 Location: shell beach Posts: 7,938	... 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/

10-05-2001, 02:07 PM	#7
DrewKole Confirmed User Join Date: Aug 2001 Posts: 5,193	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.

10-05-2001, 02:11 PM	#9
Anal Hobbit So Fucking Banned Join Date: Aug 2001 Location: Old Skool GFY Negro Posts: 2,308	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).]

10-05-2001, 02:12 PM	#10
oscer Confirmed User Industry Role: Join Date: Jan 2001 Location: Baltimore Posts: 2,834	Verios Doing Good ------------------ Stynk Adult Freehost FuckHost Freehosting

10-05-2001, 02:36 PM	#12
funkmaster So Fucking Banned Join Date: Sep 2001 Location: shell beach Posts: 7,938	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 ...

10-05-2001, 02:55 PM	#13
m0rph3us Confirmed User Join Date: Mar 2001 Location: Principality of Sealand Posts: 2,033	It is too good to be true Cogent sucks! =)

10-05-2001, 03:38 PM	#15
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	fade 19 is a pakistani webmaster.. He's a bit overwhelmed with all the afgans on his doorstep.

10-06-2001, 05:17 AM	#22
Jamie Confirmed User Join Date: Apr 2001 Location: CelebPay.com Posts: 2,517	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. ------------------ Icq: 1851935 Thumbserver Hosting

10-06-2001, 05:19 AM	#23
pornJester Confirmed User Join Date: Mar 2001 Location: Florida Posts: 6,138	jigga what? ------------------ <A HREF="http://www.webmastervault.com" TARGET=_blank> More info, more resources, more cheese in the bank. </A> We are looking for writers... ICQ me: 91573698

10-06-2001, 05:20 AM	#24
pornJester Confirmed User Join Date: Mar 2001 Location: Florida Posts: 6,138	jigga who? ------------------ <A HREF="http://www.webmastervault.com" TARGET=_blank> More info, more resources, more cheese in the bank. </A> We are looking for writers... ICQ me: 91573698

10-06-2001, 09:14 AM	#26
brocklanders Confirmed User Join Date: Feb 2001 Location: San Francisco, CA Posts: 297	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?

10-06-2001, 09:26 AM	#27
Gary Confirmed User Join Date: Aug 2001 Location: Kimmykims couch Posts: 6,110	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.

10-06-2001, 09:37 AM	#28
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,515	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.

10-06-2001, 09:37 AM	#29
Amputate Your Head There can be only one Industry Role: Join Date: Aug 2001 Location: Somewhere else Posts: 39,075	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.

10-06-2001, 09:43 AM	#30
Gary Confirmed User Join Date: Aug 2001 Location: Kimmykims couch Posts: 6,110	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

10-06-2001, 02:15 PM	#32
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	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

10-06-2001, 07:29 PM	#33
Blondy Confirmed User Join Date: Jun 2001 Location: BC, Canada Posts: 731	I have faith things will get better. Cheers ------------------ ********************** Win a 27 inch flat screen TV ** Private Label Resources: One stop adult webmaster resource site. PLR Radio: High volume exposure.