Spherically symmetric, null dust clouds, like their time-like counterparts,
may collapse classically into black holes or naked singularities depending on
their initial conditions. We consider the Hamiltonian dynamics of the collapse
of an arbitrary distribution of null dust, expressed in terms of the physical
radius, R, the null coordinates, V for a collapsing cloud or U for an
expanding cloud, the mass function, m, of the null matter, and their
conjugate momenta. This description is obtained from the ADM description by a
Kucha\v{r}-type canonical transformation. The constraints are linear in the
canonical momenta and Dirac's constraint quantization program is implemented.
Explicit solutions the constraints are obtained for both expanding and
contracting null dust clouds with arbitrary mass functions.Comment: 10 pages, 2 figures (eps), RevTeX4. The last two sections have been
revised and corrected. To appear in Phys. Rev.