<variations of the AltaVista name>
wonder if they will "crack" down on astalavista.com???
Pete, register with SCMP; "it are free!"
<quote from South China Morning Post>
Great domain name sale
Domain name reseller GreatDomains.com has been bought out by Verisign, owner of the Network Solutions registry.
GreatDomains, which made its name through such high-profile sales as drugs.com and loans.com, resells domain names that have already been listed through a domain registrar such as Network Solutions.
Network Solutions recently began reselling domains through ezDomainAuction.com, which it bought in July. The firm also recently announced that it would begin to auction domain names whose owners had defaulted on their US$35 annual registration fee.
The integration of the two companies will enable buyers to search for a domain among both registered and unregistered databases at once. Users will also be encouraged to use Verisign's encryption services.
GreatDomains, which launched in 1996, charges a range of fees for services such as appraisals and listings and takes a 10 per cent fee from every sale.
"The secondary market for domain names has matured into a strong segment of the Web-identity business," said Network Solutions chief executive Jim Rutt in a statement. "GreatDomains has demonstrated innovation and clear market leadership in this area."
The company's most successful sales have included loans.com, which it brokered for US$3 million, drugs.com for US$823,000 and cinema.com for US$700,000. Domain name values have fallen since the dotcom slump began. GreatDomains reports that the average resale price for a domain name this year has been US$24,468, a 14 per cent drop from last year.
However, the average sale for September increased by 29 per cent over August to US$7,216.
Sixty-seven per cent of domains sold for under US$5,000. Though 59 per cent of domains sold to the United States in the past year, international trade is growing. Hong Kong manages seventh place, after Britain, Canada, Australia, France, South Korea and Germany.
Jeff Tinsley, chief executive of GreatDomains will remain with the company as Verisign's director of Secondary Market Name Services.
Pete, how could this be bad news?? without spilling you beans of course, just interested..
[wish I could spell]