sortofageek
Premium,Mod
join:2001-08-19
Valhalla Dr
clubs: |  reply to sortofageek
(topic move) Thanks and farewell to all who made this forum one
Moderator Action
The post that was here, has been moved to a new topic .. »Thanks and farewell to all who made this forum one of the best!
stated reason was: . |
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sortofageek
Premium,Mod
join:2001-08-19
Valhalla Dr
clubs:
 ·Comcast
Host:
Team Helix
Distributed Comput..
Linksys
Comcast HSI
Comcast Cable TV
| reply to Dominokat
I hear her singing now, folks ...
Bye ... bye ... A-DEL-PHI-A
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Dominokat
"Hi"
Premium
join:2002-08-06
Boothbay, ME
clubs:
·RoadRunner Cable
| reply to hobgoblin
Re: And now the end is near and so we face the final curtain
said by hobgoblin  :Totally off topic I just bought the new 4 set DVD of the Stones. Go and get it now! Hob One of my sisters would LOVE to get these. She has loved the Stones since her early teens, and still does just as much. Never misses a show when they tour. |
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Champer
join:2004-04-07
Buffalo, NY
clubs:
| reply to hobgoblin
Stones? BAH! These are the true champions of music! |
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hobgoblin
Sortof Agoblin
Premium
join:2001-11-25
Orchard Park, NY
clubs: | reply to hobgoblin
Totally off topic I just bought the new 4 set DVD of the Stones.
Go and get it now!
Hob
--
"A foolish consistency is the hobgoblin of little minds."
- Ralph Waldo Emerson
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TrainBuff
The New Haven Railroad
Premium
join:2003-05-01
Buffalo, NY
clubs:
 ·Verizon FIOS
·RoadRunner Cable
| reply to Dominokat
Here's your Blue!  |
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Dominokat
"Hi"
Premium
join:2002-08-06
Boothbay, ME
clubs:
·RoadRunner Cable
| reply to SOLdesign
said by SOLdesign :could we stop bashing and go back to beer drinking? I AGREE!
Hob, can you pass me a Blue?  |
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SOLdesign
Did I drink a shot of Irrational Whore?
Premium
join:2002-07-29
Woodland Hills, CA
·RoadRunner Cable
| reply to hobgoblin
if God made shoes, they would look like this... |
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EagleMaster
People Need A Life Other Than Internet
Premium,MVM
join:2003-02-10
Glen Richey, PA
clubs: | reply to SOLdesign
Better check under hobs pickle barrel |
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hobgoblin
Sortof Agoblin
Premium
join:2001-11-25
Orchard Park, NY
clubs: | reply to SOLdesign
Red High Heels?
I knew I could get it Back To Pickler |
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SOLdesign
Did I drink a shot of Irrational Whore?
Premium
join:2002-07-29
Woodland Hills, CA | reply to No more Adelphia
could we stop bashing and go back to beer drinking? I think I left a pair of stilettos somewhere around here.... |
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UglyDork
Premium
join:2002-01-09
Buffalo, NY
 ·Vonage
| reply to hobgoblin
Before this gets the lock, I thought I'd toss in my $.02
I began working at the Buffalo TAC in the fall of 2001. After repeatedly hearing about this site from many irate callers, I began to visit and liked it so much I decided to join 2002. During this time, I tried to help here and there. When I left Adelphia in 2003, I still hung out here but posted less and less as I was no longer in the loop on the Adelphia happenings and didn't want to give out outdated information.
I learned a great deal by just lurking and reading Hob and Mac's posts. No matter what happens with the Adelphia/TW situation, you two at the very least will always find success based on the vast knowledge you have in your fields.
I now mainly hang out and help in the »OS and Software forums and read allot of topics in the »Home Repair & Improvement forum (just closed on my first house).
I sure will miss this forum and most of it's members (bbscript??)
Good luck to all the folks in Buffalo and elsewhere in the country. |
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BurntCricket
Gotta Do What Ya Gotta Do
Premium
join:2000-09-02
Here
clubs:
·RoadRunner Cable
1 edit | reply to No more Adelphia
When a company the size of Adelphia(well any company really) files bankruptcy, "they" have no real say it what happens any more, the Court does all the talking, the creditors wanted their money(what they could get anyway) and selling the company was the best way to do this.
There was little to no chance of Adelphia ever coming out of bankruptcy so the Court did what needed done.
Adelphia's problems had little to do with "The burst"(really a big BOOM) or the market itself but fraud on part of the Regases and their head Administration.
--
What was I in Highschool ?
A Ghost. |
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No more Adelphia
@comcast.net
| reply to Dominokat
said by Dominokat :It was a horrible day when it was officaly "bought out." I had high hope it was going to emerge on it's own. But the greed of the stock holders prevailed. (I can understand it though.) I had hoped they would give Adelphia a chance though. Huh? The greed of the stockholders? You'd better research your facts. I don't think the stockholders got, or will get even a dime of the Time Warner/Comcast proceeds. Actually, I don't even see where the stock even trades anymore unless it's somewhere on the pink sheets for a penny or so.
I'm no lawyer but I don't think the stockholders even had a say in what happened following the bankruptcy filing.
Who gets paid are the lawyers, courts..employees..and CREDITORS, meaning the individuals, banks and/or companies that loaned them money.
Stockholders are the very last in line and only get whatever is left, if anything. And, in this case, I think the debt of the company exceeded what they even sold the company for.
And, so it was or is probably a total wipeout for stockholders.
Perhaps the creditors could have all joined together and decided to keep the company running by converting their interests to new shares of stock or whatever, but it's my understanding that is only more commonly done when there is little proceeds to be had and in order to try to recoup something down the road, they agree to take an equity interest instead. And to give the company a fresh start by eliminating or reducing the debt it has.
But there was no incentive here to do that. They'll recover a great deal of the money they were owed and can just now move on. It's far better to invest in a more stable company like Comcast or Time Warner than risk a smaller cable company anymore. Plus, the price was obviously right and these assets commanded a sizeable price to be sold now.
I think in summary, you have to ask yourself, who really was harmed in the long run? Obviously, some employees who were displaced, but a great deal of them were offered other jobs, albeit in different areas. Customers..simply were given a new provider. The Rigas's..went to jail apparently. The Creditors, will or have gotten most of their money.
Lawyers..courts..executives..all have done probably very well off of all this.
And stockholders? A worthless piece of paper to hang on the wall, reminding them of how risky the market can be sometimes. |
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TrainBuff
The New Haven Railroad
Premium
join:2003-05-01
Buffalo, NY
clubs: | reply to hobgoblin
Had a great time. It was a pleasure to meet Hob. Thank you.
But we also owe gratitude to our Mods who put up with us.
To Sorto and even Capt. Keys. Thank you! |
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hobgoblin
Sortof Agoblin
Premium
join:2001-11-25
Orchard Park, NY
clubs:
| reply to tannman
"The RR forum could use a boost of whatever is in the air on this forum. "
Agreed!
TrainBuff and I shared a couple of Blues tonight at Pearl Street, shame none of you could join us....
Hob
--
"A foolish consistency is the hobgoblin of little minds."
- Ralph Waldo Emerson
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tannman
Premium
join:2002-09-12
Oxnard, CA
clubs:
| reply to hobgoblin
Ok, I dont drink much but slide one down here.....This Fourm has been a source of information, help as well as warped humor (my favorite) since the first day I joined BBR. Hobs thank you again for your help and I wish you and all the folks here the best.
I need to rejoin the folding team as I somehow managed to screw it up on my PC.
The RR forum could use a boost of whatever is in the air on this forum.
What are they going to do with all this furnture and that cardboard bar here??
Peace |
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Dominokat
"Hi"
Premium
join:2002-08-06
Boothbay, ME
clubs:
·RoadRunner Cable
1 edit | reply to hobgoblin
Akasha gives us cats a bad reputation.   |
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hobgoblin
Sortof Agoblin
Premium
join:2001-11-25
Orchard Park, NY
clubs: | reply to sortofageek
Yeah, watch out for the Clowns.
and the Cats |
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sortofageek
Premium,Mod
join:2001-08-19
Valhalla Dr
clubs:
·Comcast
Host:
Team Helix
Distributed Comput..
Linksys
Comcast HSI
Comcast Cable TV
| reply to antdude
Well, we have antbhill2 , but no antdude. 
pianotech , I IMed you. We'll look for your posts over there.
Good answer, goblin. I think there is a link in my sig to the basics of how to join, but it's friendly and fun if you post your questions in that forum and start getting to know the people, clowns and critters there.
--
Join Team Helix * I am praying for these friends . |
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