North American Network Operators Group
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Re: Network collapses

  • From: Manar Hussain
  • Date: Mon Jun 08 18:44:05 1998 
>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