Re: The Price Of Admission is Acceptable.

[Jim Dixon <jdd@matthew.uk1.vbc.net>]

On Tue, 16 Sep 1997, Kent Crispin wrote:

> Well, I haven't proposed any solution, really, but what you propose 
> is actually very similar to what I would.  I would word it like this:  
> applications *never* close, but the registrars who apply after Oct 15 
> have to wait until the system is running before they can start 
> functioning as registrars.  In other words, the set of registrars 
> approved at Oct 15 develop the system to a running state.  As soon as 
> it is stable, the other applications proceed.

There is widespread agreement that there will be a "land rush", with
a huge surge of applications on the first day.  This gives all the 
profits from the land rush to the initial registrars.
 
> I think there might be another issue about the October 15 date, in 
> that Arthur Anderson is only committed to audit applicants to 
> that date, and then someone else has to be found to do it (or some 
> other scheme adopted).  Something like that -- something I heard in 
> passing in a meeting, and I may have it wrong.

Arthur Anderson's involvement is verifying that the registrars 
comply with the stringent financial requirements.  If the only 
requirement is a wire transfer of $1,000, we don't need Arthur
Anderson.

Personally, I can't see why Arthur Anderson is involved anyway, 
but ...

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