ARIN /8s ?

On Sunday, June 29, 1997 8:21 PM, Stephen Sprunk[SMTP:spsprunk at paranet.com] wrote:
@ At 18:36 29-06-97 -0500, you wrote:
@ >The InterNIC, APNIC and RIPE were recently "given" or "leased"
@ >new /8 allocations. The value of these allocations is millions of
@ >dollars.
@ 
@ Please tell us how you determined the value of these allocations.
@ 

The street value of a /16 is $50,000 to $100,000.
I am sure you can multiply...

@ >APNIC and RIPE have recently stated that they are providing
@ >"funding" to the IANA. The InterNIC and NSI have been providing
@ >funding already.
@ 
@ This funding is for the operation of the registry and does not involve the
@ purchase/leasing of IP addresses.
@ 

Without IP addresses (inventory) the registry is out of business.

@ >Somewhere all of these assets and payments have to show
@ >up on someone's books....I would assume...
@ 
@ Since there are no payments and IP addresses are not an asset, they do not
@ have to appear on paper anywhere.
@ 

IP addresses have already been determined to be an
asset by the IRS. From what I understand, the IRS has
already sold them as part of bankrupcy and tax settlements.

@ >Since ARIN claims it will be an IRS approved 501(c)6, I would
@ >assume that all of these details will be spelled out in the ARIN
@ >books and records. For example, if these are leases, what is
@ >the term of the lease ? (BTW, ask the people in Hong Kong about
@ >leases and the terms)
@ 
@ The term of all IANA-registry IP leases appears to be indefinite; I doubt
@ any formal terms have been put in writing yet.
@ 

Surely there must be something in writing that indicates
why APNIC is able to get IP addresses.

How did APNIC come to have a monopoly for the Asia/Pacific region ?

Are you implying that other companies, for instance
an Australian company, could also obtain IP addresses
just like APNIC ?

Surely there must be an RFC documented procedure.
There is an RFC for everything else.

@ >P.S. You claim that Jon Postel owns all of the IP
@ >addresses. Can you tell me when he bought them ?
@ 
@ He didn't; I'll leave the explanation to the more eloquent David Conrad.
@ 

He owns them....but he did not buy them....interesting...
...and now he leases them...but does not sell them...

--
Jim Fleming
Unir Corporation