[17652] in North American Network Operators' Group
Re: Network collapses
daemon@ATHENA.MIT.EDU (Manar Hussain)
Mon Jun 8 18:38:21 1998
Date: Mon, 08 Jun 1998 06:45:57 +0100
To: nanog@merit.edu
From: Manar Hussain <manar@ivision.co.uk>
In-Reply-To: <Pine.BSI.3.93.980607213714.4171D-100000@sidhe.memra.com>
>Nothing. First the courts would appoint someone to run the company on
>behalf of the creditors. Then someone would buy the assets and customers
>for 10 cents on the dollar. Operational impact will be minimal to
>nonexistent.
Effectively this argument is "UUNET are way to big for the market to ever
let this happen". Almost certainly true - but this is a real danger sign.
It is that sort of situation that actually begs for a crash (as much as
anything does) and the more "it just can't happen" it is then the bigger
the crash will be. Holds a lot in common with how the dynamics of stock
market crashes.
Besides - if it won't happen to UUNET it may still happen to someone
smaller but still big enough to be of concern ...
Manar
