Been a holder for too long but now getting very nervous, bought at 6p. The share price has held up in the last few months but looks like the market makers were dumping stock yesterday. I presume there are some concerns now that they have a competitor but also at a stroke they have wiped out some of their income and path to profits by reducing prices last week.

I sold 100,000 yesterday and am in 2 minds what to do next, anyone holding or selling? Anyone know how much cash they have left as its not too clear from the Annual Report?

Thanks Stuckinrut

http://www.advfn.net/

Does that work for anyone? Not me alas. Off for a stiff whisky.

didnt know grandmas drink whiskey

This one does !!

Power failure at host, down until the morning. I doubt Clem will lose any sleep though..LOL!

short this on monday?

is it really worth it, could only get 2.8p at most

It may be longer than the morning.

We have just received a call at my company asking for any possible technical help, and we are not the provider, and have no connection at all!

They are looking for electricians for Colt Telecom to help out as total power failure in their building, I presume that is where ADVFN is hosted.

@DVFN is currently unavailable due to a general power failure at our hosting facility.

July 5th 2008 00:30: Our hosting providers are not providing an ETA for power restoration. They have found the fault and are now testing both sets of of power supply systems. When both sets have been tested they will gradually start supplying power to the data center.

When power is restored our engineers will bringing services on-line.

We apologise for any inconvenience this has caused.

We will update this page with more information as it becomes available to us.

Latest site update.


July 5th 2008 06:45: Our hosting providers are not providing an ETA for power restoration. Some power has apparently been restored to the data center, but not to any of the cabinets in our area. We are on site and seeking further information.

When power is restored our engineers will bringing services on-line.

We apologise for any inconvenience this has caused.

We will update this page with more information as it becomes available to us.

I don't know whether to sell the shares but as I haven't been able to connect to the site for the last 20 hours, I'm wondering whether they've gone out of business.

Sorry - I should have read the posts before I posted that.

No-one to guard your Barclays traders thread Ken.

The trolls will have had a field day!

From Colts site :

Proxy Error
The proxy server received an invalid response from an upstream server.
The proxy server could not handle the request GET /UK-en.

Reason: Error reading from remote server

Welcome to COLT.NET
This site is currently unavailable due to scheduled maintenance.

scheduled?

scheduled maintenance

Definition-
: maintenance at a regularly scheduled time

So Colt knew this was likely to happen?

Well whoever drew up the disaster recovery plan wants hanging!

PATHETIC .. unless thre's more to it than a power failure ... The 'great US power failures' didn't take this long to resolve.
-----------

Major power outage hits New York, other large cities
Thursday, August 14, 2003 Posted: 11:45 PM EDT (0345 GMT)

NEW YORK (CNN) -- Power began to flicker on late Thursday evening, hours after a major power outage struck simultaneously across dozens of cities in the eastern United States and Canada.

http://www.cnn.com/2003/US/08/14/power.outage/

Anyone know who owns COLT at the moment. Still down.

This outrage must be costing a lot PLUS liability (query subject to contracts) for 3rd party damages.

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