Network collapses
Manar Hussain
manar at ivision.co.uk
Mon Jun 8 05:45:57 UTC 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
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