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Article #26

Re: Verio Chicago downsizes technical staff [feel the love]

#26
From: Bob Kwiatkowski
Date: Mon, 14 Sep 1998 00:00
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First off,

Sorry to see y'all go. Hopefully you will all find bigger and better
things...since the demand is there for your talents right now.

That said...I believe when someone was giving me shit a couple
weeks ago (when we had the great SNAFU), I mentioned that
I felt it was the natural result of an acquisition. Verio will
eventually become an AOL type provider, through acquistion.

Why buy WWA? They are buying a customer base and hope
that customer laziness will pervade (similar reason MCI/Sprint/ATT 
used to pay people big bucks to switch over). Once a customer
always a customer until something really brings them to the edge, 
in the long run it is a winner.

Verio is still quite a bit in startup phase and the only way to
generate enough cash for the acquisition is to cut wherever
possible and hope that the cuts don't push too many 
people away, just the demanding ones. 

Given AOLs size, I imagine they are on to something.

-bob

On Mon, 14 Sep 1998 12:44:23 -0500, Max Kohn <mik@wwa.com> wrote:
>Why would they buy out WWA if they were losing money? Why would a company
>losing money make a purchase of that magnitude?  Doesn't make sense. 
>
>     Max Kohn                            http://www.wwa.com/~mik/index.html
>     mik@wwa.com          Memorial Page: http://www.wwa.com/~mik/mem.html
>
>"It never occurs to me that there are things that I can't do."
>--Whoopi Goldberg 
>
>
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From: anaconda@STOPSPAM.com (Bob Kwiatkowski)
Subject: Re: Verio Chicago downsizes technical staff [feel the love]
Date: 1998/09/14
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