We analyze a simple dynamical model of glasses, based on the idea that
each particle is trapped in a local potential well, which itself evol
ves due to hopping of neighbouring particles. The glass transition is
signalled by the fact that the equilibrium distribution ceases to be n
ormalisable and dynamics becomes non-stationary. We generically find s
tretching of the correlation function at low temperatures and a Vogel-
Fulcher like behaviour of the terminal time.