|Don't know nothin' about Geocities|
(10/11/2002) In a world where "dotcoms" burst onto the scene, only to fold faster than a cheap tent in a windstorm, it's easy to see why people get nervous when one of the services they've come to love and rely upon appears to be in jeopardy.
The story is an old one now: A fledgling company offers a great new service on the net for free. Millions of people take advantage of it, fall in love with it, and come to depend on it. It's popularity turned the company into a multi-million-dollar powerhouse. But, then the economy took a turn for the worse, and in order to protect it's interests, the now faceless corporate giant decides to save money by cutting the very service that made them popular in the first place, thumbing it's collective nose at those who made it what it is.
But, thankfully, we don't have to believe it. Geocities, like most free web hosts, supports its services by forcing members to display advertising on their sites. In recent years, however, web advertising revenues have shrunk dramatically, leading many companies to devise other ways to make money or shut down. More and more people are rushing to get their own piece of the web, and their requirements from a host are getting more and more sophisticated. Rather than shut down, most (including Geocities) have begun encouraging customers of their free services to convert to "premium hosting" that offers many more features, more space, more traffic and no advertising.
This rumor began circulating in April, 2001, after Yahoo! made several important (and controversial) announcements about its revenue-generating plans for the future. Part of the "memo" quoted in the chain letter above came from a New York Times article. However the "they will be closed" line was added by an over-zealous forwarder who perhaps misunderstood the meaning of the quote or wished to exaggerate its significance. Yahoo! spokespeople firmly deny this rumor. Think about it... An overnight cancellation of thousands of member accounts would create much negative reaction and would probably end up costing more than it saved - not a good idea in the highly competitive web hosting industry. Break this Chain!
Category: General Junk