 Luwigie
Premium Member
join:2002-06-06
Franklin, MI |
Luwigie
Premium Member
2003-Apr-1 1:39 pm
They're Screwed!Loans suck. Especially when you are in an internet business. What would happen to all the routing that goes in and out of their lines though? Would some one buy them out or would a new companie have to start or neither? |
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This company should've never existed on the first place. Selling 100Mbps pipes for $1000/mo can do nothing but drive you down the toilet quickly.
They are just retards. |
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Is this jealousy that you couldn't get that 100mbps.Just because a company isn't getting top dollar for their product doesn’t mean that there retards, if somebody doesn't undercut the big boys what do prices do. They just go up and up. Let me ask you do you know the financial history of this company? Why are they in debt [by the way all companies have loans to pay] How much do the so-called big boys owe can they pay up if asked to, maybe so by getting money elsewhere. This company wills more than likely be bought by one of those so called big boys. Speak your mind it is a free country. |
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 sporkmedrop the crantini and move it, sister
MVM
join:2000-07-01
Morristown, NJ |
to arkady1
Contrary to popular belief, bandwidth costs money. Cogent has to pay for transit every month. Even though they bought a tier-1, they are not able to shuffle all their traffic overing peering connections. They buy from Level3 and Above.net.
Since they were, as some else pointed out, "retards", they sold full 100Mb connections to all sorts of businesses (like web hosts and porn hosts) who literally sucked them dry. No pun intended.
It's a losing business plan. No one is really surprised. It was a "when" not "if" question. |
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jethrogump
Premium Member
join:2001-03-02
Mesquite, TX |
to Luwigie
You could say YIPES!!
Its real tough to do venture capital today if your an internet company. The money its just not available for the risk. If funds are available they walk away with your company one way or the other plus assinine little terms.
Oh well the curse of Allied Riser Rides on!!:) |
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 anony23
join:2001-07-20
Haymarket, VA |
to sporkme
said by sporkme:
Contrary to popular belief, bandwidth costs money. Cogent has to pay for transit every month. Even though they bought a tier-1, they are not able to shuffle all their traffic overing peering connections. They buy from Level3 and Above.net.
Since they were, as some else pointed out, "retards", they sold full 100Mb connections to all sorts of businesses (like web hosts and porn hosts) who literally sucked them dry. No pun intended.
It's a losing business plan. No one is really surprised. It was a "when" not "if" question.
that's exactly right |
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