Quote from Cdntrader:
Domain names LOL
This has tulip mania written alll over it.
Cdntrader... This tulip mania has been going on for more than 10 years... and growing.
Actually Verisign not only survived the dot-com crash, but continues to have a steady cash flow from domains and market power to once again raise .com prices. Market cap is a mere 6 billion dollars.
Godaddy brought in close to one billion dollars in fees in 2009... and will soon be sold to a price that will be north of one billion dollars.
What evidence do you have to compare this to a tulip mania? Virtual real estate has held up much better than physical real estate year after year.


