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Username: fnord
Date/Time: Tue, July 11, 2000 at 5:49 AM GMT
Browser: Microsoft Internet Explorer V5.5 using Windows 98
Score: 5
Subject: Plus ca change...

Message:
 

         Sotiris writes:              
             
      >The UDRP must be re-examined.< 

Agreed but...

>The examples of BUSINESS.COM, ALTAVISTA.COM, BEAUTY.CC and many others besides must be pointed out and respected.<

Respected for what?

BUSINESS.COM

Do you think $7.5 mill in cash changed hands? How much was stock? What is that stock worth today? And do you think this burn rate will obtain in future just for a name, even if it is business.web? It's like the Tucker automobile, do you think he'd have been more successful if he'd bought the name Fnord Motor Company?

ALTAVISTA.COM

The buyer and seller were already financially joined at the hip. It was an accounting transfer disguised as news.

BEAUTY.CC

Ditto to altavista. And have you seen their site lately? Worth every penny!

>Granted, it was a good run for WIPO while it lasted... time to put the collar on though.<

Except that they are now working on version 2 as you can see, and it will have less bugs for those who gain most from it. Did you not notice AT & T's mention of a modified UDRP? Unfortunately, the domain reseller market is just playing into their hands. Other than the registrars do you see anyone making any money?

Take all the money spent on domain speculation, take all the money made from domain speculation, and the net loss is probably in the red overall by several orders of magnitude beyond what was supposedly paid for the above names (and other such hyped deals). No matter which, if any, new names ICANN creates, the speculation industry will never be in the black. Small biz turns names into commodities, big biz comes and eats their lunch. Meet the new boss, same as the old boss...

     

d_d@email.com - email without ICANN in Subject: line is blocked


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