TFL and the whole Internet in danger

L

Libertarian

New member
While this might sound little tinfoil wearing nutcase paranoia, it isn't.

Consider how much of the Internet is routed over equipment and cables owned and operated by Worldcomm/MCI. The feds have arreested or are arresting the top two at Worldcomm today. They may go in and close the company down later today or tomorrow. If the company is locked down the network operating center (NOC) people will not be able to access the system and if the electricity is turned off neither will we.

I am basing this on a short report from FNC just now. I do not yet have a link to this.
 
D

dZ

New member
Nah, the gov't will just step in,
"enhance" the hardware and keep it rolling along

We were promised yesterday that the systems will be kept operating

Who are we at war with today? Eurasia or Eastasia?
 
H

Hal

New member
hmmmm
Interesting thought,,,,

Then again, IBM ran into anti trust problems and had their top exec's jailed what, in the 30's? They seemed to shake it off.
 
A

Azrael256

New member
No, not all that likely. If you'll recall, there have been several telecomm companies that went under and were then ordered to continue service to customers per their contracts. If MCI, Worldcom, UUNET, etc. cut off customers, the'll be able to pay all their bills simply by recycling the paper from all the lawsuits they'll be slapped with before the echo of the shutdown order fades away.
 
C

C.R.Sam

New member
Don't let your blinker skills get rusty.

Hilltop to hilltop with mirrors or lights will be the free communications of the new age.

Jeeze...I sho hope that was in jest.
 
C

Coltdriver

New member
You are way over the top on this one.

Don't know what you saw on tv but it was only speculation.

Worldcom is a long way from shutting down. They have 120 days to negotiate a deal with their bondholders and both the board of directors and the bondholders are very aggressively determined to keep the company in tact and operating.

They will emerge out of this mess with their UUNET, the long distance operation and the MCI Consumer unit making tons of money with no debt to service.
 
B

Blackhawk

New member
UUNet was a BIG ISP. WorldCOM took it over. UUNet's structure is still intact. I presume the same situation exists with WorldCOM's other ISP acquisitions. IOW, 1s & 0s will continue to flow....
 
L

Libertarian

New member
The feds are worried about the problem of a shutdown in serrvice so they are working out a way to make sure all connections continue. If things go per norm with a federal intervention, we have about 15 minutes t
 
I

illuminatus99

New member
in an absolute worst case scenario, worldcom is shut down and other companies buy off pieces of their network, everything runs as normal. what most likely will happen though is worldcom will downsize a lot and sell of some of the subsidiaries, my suggestion would be to take some spare cash and buy some worldcom stock as soon as they're back on NASDAQ, they'll probably come back around $.16 a share and are projected to reach around $2 a share by next year, if things go right they could be back up to $40-50 per share in a couple of years and chances are it'll split a few times before then.
 
A

ahenry

New member
Oh come on! :rolleyes:

The whole infrastructure of the internet is designed around the concept of being immune to “hiccoughs in the git-along”. Besides, the “lines” that enable the internet to function exist regardless of ownership. One company that goes under doesn’t take those lines away. Somebody else will just recognize the business opportunity and step up to the plate, the most that could possibly happen from a bankruptcy (of any company) is a very short term slow down. In my humble opinion.
 
W

Waitone

New member
IIRC, Worldcom runs a fair amout of DoD inter // entranet traffic.

Second, I remember when Worldcom went wobbly there was an Asian company, Hutchinson Wampoa, that stood in the wings and made an outright bid for the company. HW is a wholly-owned subsidary of the Peoples Revolutionary Army of China (many thanks to our former president).

For those two reasons, the US will not let Worldcom go away.
 
R

Rich Lucibella

Staff
Doesn't require anyone to take over WorldCom's network to keep Internet traffic flowing. Shut it down today and the internet traffic simply routes around the dead routers. Yes, WorldCom end users would be affected, but that's about it.

Also, as has been said, thay are a LONG way from "shutdown".
Rich
 
J

jimpeel

New member
Worldcom Group (WCOEQ) is already at $.14 per share, down $.02. I went to http://www.sharebuilder.com and checked out the stock and even though they are in the tank, they still moved 47.24 million shares on Friday.

WorldCom Inc. - Mci Group (MCWEQ) is at $.32/share.

Call me silly, but I bought 1,000 shares of ENRON (ENROQ) and they moved 6.10M shares on Friday. They are at $.19 up $.03. I am waiting to see if their infrastructure is going to be bought up by another energy company. If it is, that will be very nice for me.
 
You must log in or register to reply here.
Top