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Old 02-08-2008, 11:47 AM   · #186
Michael_Goldman
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Originally Posted by ebatcave
What I don't understand is a firm with around $4-5 million could corner the market and buy up all remaining .ORG, .NET and .INFO LLLL's, which would drive up the prices for everyone. I don't see why there aren't any investment firms willing to do this, especially with the proof of the LLLL.com price explosion....


John, did you hear about the previous LLLL.com buyout? Not sure exactly about the year, but I think it was around 2000, a company bought all remaining LLLL.com's. Investment of a few million $, but the market wasn't ready, there weren't enough domainers at that time, so the next year they dropped all the names. a 100% loss

I think one player can't just boost the prices, LLLL.com's were now bought out by many smaller investors and that ensures stability as they were all well aware of the risks and ready to spend money for renewals. Imho if one person/company buys half of the LLLL.net names, it might not create the desired effect.


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