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<div>On Sep 4, 2012, at 9:42 PM, Milton L Mueller <<a href="mailto:mueller@syr.edu">mueller@syr.edu</a>> wrote:</div>
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<span style="color: rgb(31, 73, 125); font-family: Calibri, sans-serif; font-size: 11pt; ">Now, it seems, Paul has identified a third factor, or more accurately, a variant of the second. If I understand what he is saying correctly (and I may not), there was
an options market for future address space conducted privately among address holders in a way "not subject to ARIN rules." Providing more evidence for the conclusions of our study, Paul intimated that this underground options market was driven by the mismatch
between the short time horizon of ARIN needs assessments and the longer time frame dictated by business needs (measured in "half-decades"). </span></div>
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<div>Milton - </div>
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<div>It is quite possible for a party (which may have the ability to free</div>
<div>up address space for transfer) to contract with another party to </div>
<div>submit such requests sometime in the future based on a variety</div>
<div>of conditions. I am not aware of any specific cases of this, but </div>
<div>then again, there is no reason for ARIN to be aware of any such</div>
<div>agreement, just as there is no reason for the local registry of motor </div>
<div>vehicles to be contacted if you contract to provide someone a right </div>
<div>of first refusal on your automobile. </div>
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<div>If an actual transfer request is submitted to ARIN, we will process </div>
<div>it according to the policies set by this community. At this time, </div>
<div>specified transfers require that the resources go to a party that can </div>
<div>demonstrate need for them within 24-months based on current policies.</div>
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<div>FYI,</div>
<div>/John</div>
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<div>John Curran</div>
<div>President and CEO</div>
<div>ARIN</div>
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