Comment Re:ha (Score 1) 468
They can default on bonds they have issued, though, can't they?
They can default on bonds they have issued, though, can't they?
My professional wild assed guess is that it cost the industry 1 billion to implement and maybe 1 million a year to maintain/support.
Not sure what your profession is, but if your guesses are as poor as the one above I'd suggest some vocational retraining. Let's say that 20 million lines get ported every year, and 2% fall out of the mainstream (i.e. easy) category -- that's 400k orders in need of manual intervention (on both sides of the port, at that), and each order certainly costs a LEC more than $1.25 to process at that point (figuring a fully-loaded cost for tier-2 support of $20/hr at least).
FWIW, I work for a telephony provider and we see approximately 1 call per day to emergency services per 1k lines.
Weather it works or not, that's not their concern.
But they probably do bring an umbrella if they're really worried about the whether.
FWIW, "rickrolling" made today's New York Times crossword puzzle. Clue was "Widespread Internet prank involving a bait-and-switch link to a music video":
http://www.crosswordmanblog.com/2009/04/nyt-monday-41309-rick-trick.html
Things are rarely ever so clear-cut as to guarantee a particular result.
For example, say the employee has a 5-year old signed/notarized/whatever document that says "You now have 10% of the shares of the company". What if the board (most likely the owner/founder in a small co.) in the interim issued 10 times more shares and diluted her stake of the outstanding shares to 1%? Or issued 100 times more and diluted her stake to
You know, the difference between this company and the Titanic is that the Titanic had paying customers.