Necking in non-isothermal high-speed melt spinning is treated as a problem of sensitivity to external disturbances at both ends of the spin-line. Necessary conditions for existence of necking are formulated in terms of the corresponding increments of velocities, forces, viscosities, etc. It is shown that necking may be present in the high-inertia range for a rather small viscosity variation. Small inertia effects require higher values of the radial viscosity gradients.