Thanks to Anthony for the hint -pkb
Here is the documentation and the link to MSDN
oServerXMLHTTPRequest.setTimeouts(resolveTimeout, connectTimeout, sendTimeout, receiveTimeout)
Parameters
resolveTimeout
A long integer. The value is applied to mapping host names (such as "www.microsoft.com") to IP addresses; the default value is infinite, meaning no timeout.
connectTimeout
A long integer. The value is applied to establishing a communication socket with the target server, with a default timeout value of 60 seconds.
sendTimeout
A long integer. The value applies to sending an individual packet of request data (if any) on the communication socket to the target server. A large request sent to a server will normally be broken up into multiple packets; the send timeout applies to sending each packet individually. The default value is 30 seconds.
receiveTimeout
A long integer. The value applies to receiving a packet of response data from the target server. Large responses will be broken up into multiple packets; the receive timeout applies to fetching each packet of data off the socket. The default value is 30 seconds.
http://msdn.microsoft.com/en-us/library/ms760403%28VS.85,lightweight%29.aspx