nanog mailing list archives

Re: Network collapses


From: Manar Hussain <manar () ivision co uk>
Date: Mon, 08 Jun 1998 06:45:57 +0100

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


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