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Article #214wall street journal article Nov 13th - NTT-Verio Projected Losses
From: Daniel Myers
Date: Wed, 14 Nov 2001 21:44
Date: Wed, 14 Nov 2001 21:44
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2058 bytes
---------- Forwarded message ---------- Date: Wed, 14 Nov 2001 13:09:16 -0800 From: Bob O'Brien <obob@best.com> Reply-To: besties@besties.com To: besties@besties.com Subject: Besties: well, *I* Laughed Out Loud ... you may not be able to Wall Street Journal, Tuesday, November 13: <title>Japan's NTT to Take Verio Loss of as Much as $4.5 Billion</title> <excerpts> NTT will take an extraordinary loss of as much as $4.5 billion on the value of Verio Inc...NTT purchased 90% of Verio...for $5 billion near the height of the technology boom last year...it was the third-largest over-seas acquisition by a Japanese company...According to people familiar with the plans, the restructuring will shutter half of Verio's 50 data centers...reduce Verio's 3'250 employee work force by 25%...under the restructuring plan, Verio hopes to exit from the dial-up Internet access business by the middle of next year... </excerpts>
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: f9f6d,3db49a07b560c4dc,start X-Google-Attributes: gidf9f6d,public X-Google-ArrivalTime: 2001-11-14 13:44:51 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!sn-xit-02!supernews.com!newsfeed.direct.ca!look.ca!newshub2.rdc1.sfba.home.com!news.home.com!enews.sgi.com!news2.best.com!nntp1.ba.best.com!shell5.ba.best.com!dhm From: Daniel Myers <dhm@best.com> Newsgroups: best.general Subject: wall street journal article Nov 13th - NTT-Verio Projected Losses Date: Wed, 14 Nov 2001 13:44:33 -0800 Organization: the underground bar Lines: 25 Distribution: best Message-ID: <20011114134049.G13430-100000@shell5.ba.best.com> NNTP-Posting-Host: shell5.ba.best.com Mime-Version: 1.0 Content-Type: TEXT/PLAIN; charset=US-ASCII X-Trace: nntp1.ba.best.com 1005774282 23787 206.184.139.136 (14 Nov 2001 21:44:42 GMT) X-Complaints-To: abuse@best.com NNTP-Posting-Date: Wed, 14 Nov 2001 21:44:42 +0000 (UTC) X-X-Sender: <dhm@shell5.ba.best.com> Comment: Interception of this message is prohibited Comment: unless authorized by the author/x-sender.